Related Commentary  Related HMRC Manuals

220(1)  Subsection (2) applies if a chargeable period is one to which an advance pricing agreement relates.

220(2)  The Tax Acts have effect in relation to the chargeable period as if, in the case of the person with whom the Commissioners made the agreement, questions relating to the matters mentioned in section 218(2) are to be determined–

(a)in accordance with the agreement, and

(b)without reference to the provisions in accordance with which they would otherwise be determined.

220(3)  Subsection (2) is subject to–

subsections (4) and (5),

and section 221.

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