Statute
Section 414 — Corporation Tax Act 2009: Redemption of funding bonds
Text of the provision Official document
Redemption of funding bonds 414 1 The redemption of funding bonds is not treated as the payment of interest on a debt for the purposes of the Corporation Tax Acts if their issue was treated as the payment of interest on the debt under—
a section 413, or b section 380 of ITTOIA 2005 (which makes provision corresponding to section 413 for income tax purposes).
2 In this section “ funding bonds ” includes any bonds, stocks, shares, securities or certificates of indebtedness.
Official source: legislation.gov.uk
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