Taxation (International and Other Provisions) Act 2010 section 371SI

Modification of sections 6 and 7 of CTA 2010

Section 371SI modifies the currency rules in sections 6 and 7 of CTA 2010 so that they can still apply to a controlled foreign company (CFC) that does not prepare its accounts under generally accepted accounting practice (GAAP).

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.