Related Commentary  Related HMRC Manuals

175(1)  This section applies if–

(a)some or all of an unremittable amount has been deducted from profits under section 173, and

(b)any of the following events occurs.

175(2)  The events are that–

(a)the amount or part of it ceases to be unremittable,

(b)an allowable provision for impairment loss is made in respect of the amount or part of it,

(c)the amount or part of it is used to finance expenditure or investment outside the United Kingdom,

(d)the amount or part of it is applied outside the United Kingdom in another way,

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