Statute
Section 357NI — Corporation Tax Act 2010: Interest or other financing costs and receipts
Text of the provision Official document
Interest or other financing costs and receipts 357NI 1 No deduction is allowed in calculating the profits attributable to the company's NI RE for payments of interest or other financing costs by the NI RE to any other part of the company.
2 No receipt is to be brought into account in calculating profits attributable to the NI RE for interest or other financing income received from any other part of the company.
Official source: legislation.gov.uk
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