Taxation (International and Other Provisions) Act 2010 section 302

Qualifying EEA tax relief for payment in current or previous period

Section 302 defined what constituted qualifying EEA tax relief in relation to payments made in the current or a previous period, but has been repealed and is no longer in force.

• Section 302 was part of Part 7 of the Taxation (International and Other Provisions) Act 2010, which dealt with tax treatment of financing costs and income.
• The entire Part 7, including this section, was repealed by the Finance (No. 2) Act 2017.
• The repeal took effect for periods of account of worldwide groups beginning on or after 1 April 2017.
• The rules formerly in Part 7 were replaced by the corporate interest restriction regime introduced by section 20 and Schedule 5 of the Finance (No. 2) Act 2017.