Taxation (International and Other Provisions) Act 2010 section 417

The capital (expenditure) adjustment

Section 417 defines the capital expenditure adjustment used in calculating a group's EBITDA (earnings before interest, tax, depreciation and amortisation) for the corporate interest restriction rules.

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.