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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxation (International and Other Provisions) Act 2010 section 456
Creditor relationships of companies determined on basis of fair value accounting
Section 456 allows companies that hold loan receivables (creditor relationships) at fair value in their accounts to elect to have those relationships treated as if accounted for on an amortised cost basis when calculating their tax-interest amounts under 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.