Taxation (International and Other Provisions) Act 2010 section 39-40

Alternative finance arrangements entered into before 15 October 2009

Sections 39 and 40 set out transitional modifications that apply to the alternative finance arrangements rules (commonly used for Sharia-compliant finance) where arrangements were entered into before 15 October 2009, affecting both the income tax and capital gains tax regimes.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.