Section 48

AMENDMENTS OF PART 6 OF CTA 2009

1  Part 6 of CTA 2009 (relationships treated as loan relationships etc) is amended as follows.

2(1)  Section 477(2) (overview of Part 6) is amended as follows.

2(2)  [Inserts CTA 2009, s. 477(2)(aa).]

2(3)  [Substitutes CTA 2009, s. 477(2)(f).]

3  [Inserts CTA 2009, Pt. 6, Ch. 2A.]

4  [Inserts CTA 2009, Pt. 6, Ch. 6A.]

AMENDMENTS AND REPEALS

5(1)  Section 116B of TCGA 1992 (shares beginning or ceasing to be shares to which section 523 of CTA 2009 applies) is amended as follows.

5(2)  [Amends TCGA 1992, s. 116B(1) and heading to s. 116B.]

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.