Taxation (International and Other Provisions) Act 2010 section 287

Meaning of "company to which this Chapter applies"

Section 287 defined which companies fell within the scope of the worldwide debt cap rules in Part 7 of the Act, but this provision has been repealed and replaced by the corporate interest restriction rules.

• Section 287 provided the definition of a "company to which this Chapter applies" for the purposes of the worldwide debt cap regime in Part 7 of TIOPA 2010.
• The entire Part 7, including this section, was repealed by Finance (No. 2) Act 2017.
• The repeal took effect for periods of account of worldwide groups beginning on or after 1 April 2017.
• The worldwide debt cap rules were replaced by the corporate interest restriction rules introduced by section 20 and Schedule 5 of Finance (No. 2) Act 2017.