Taxation of Chargeable Gains Act 1992 section 151E

Exchange gains and losses from loan relationships: regulations

Section 151E gives the Treasury the power to make regulations that bring certain foreign exchange gains or losses into account for capital gains tax purposes, where those amounts have been excluded from the normal loan relationships 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.