Section OC 25 — Income Tax Act 2007: FDPA tax advantage arrangement

OC 25 FDPA tax advantage arrangement Debit (1) An FDPA company has an FDP debit for the amount of a debit for a tax advantage arrangement determined under sections GB 35 and GB 36 (which relate to imputation arrangements to obtain tax advantage). Table reference (2) The FDP debit in subsection (1) is referred to in table O4: FDP debits, row 14 (tax advantage arrangement). Debit date (3) The debit date is the last day of the tax year in which the tax advantage arrangement began. Defined in this Act: amount , arrangement , FDP debit , FDPA company , tax advantage , tax year , Compare: 2004 No 35 s MG 5(1)(h), (2)(f)