Taxation (International and Other Provisions) Act 2010 section 379

Reactivation of interest

Section 379 explains how tax-interest expense amounts that were previously disallowed can be "reactivated" — that is, brought back into account and allowed as deductions — in a later period of account.

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.