Section CH 8 — Income Tax Act 2007: Market value substituted

CH 8 Market value substituted Transfer pricing arrangements (1) An amount treated as income of a person under section GB 7 (Arrangements involving CFC control interests) is income of the person. Disposal at below market value (2) A person may be treated as deriving an amount— (a) on disposal of trading stock under section GC 1 (Disposals of trading stock at below market value): (b) on the lease of a property under section GC 5 (Leases for inadequate rent). Defined in this Act: amount , income , lease , trading stock