Related Commentary  Related HMRC Manuals

1169(1)  To the extent that a transaction is attributable to arrangements entered into wholly or mainly for a disqualifying purpose, it is to be disregarded for the purposes mentioned in subsection (2).

1169(2)  Those purposes are determining for an accounting period the amount of–

(a)any relief to which a company is entitled under Chapter 2,

(b)any land remediation tax credits to which a company is entitled under section 1151,

(c)any relief to which a company carrying on basic life assurance and general annuity business is entitled under section 1161 or 1162, and

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