TIOPA10/S382 and TIOPA10/S385

The tax-interest expense and income amounts are the amounts brought into account for tax which comprise amounts of interest or amounts economically equivalent to interest. These amounts are aggregated to derive the net tax-interest expense or net tax-interest income of a company for a group's period of account.

Tax-interest expense amounts

The main definition is at s382 and includes:

Relevant loan relationship debits,

Relevant derivative contract debits, and

Implicit financing costs in amounts payable under a relevant arrangement or transaction.

Tax-interest income amounts

The main definition is at s385 and includes:

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