Section 330B — Corporation Tax Act 2009: Exclusion of debit where relief allowed to another

Exclusion of debit where relief allowed to another 330B A company is not to bring into account as a debit for the purposes of this Part as a result of section 330A an amount which—

a is brought into account as a debit for those purposes by another company, b is brought into account so as to reduce the assumed taxable total profits of another company for the purposes of Part 9A of TIOPA 2010 (controlled foreign companies), or c is allowable as a deduction by a person for the purposes of income tax.