Commentary

D1.747 Company ceasing to be a party to a loan relationship (accounting periods beginning before 1 January 2016)

Corporate tax
Corporate tax | Commentary

D1.747 Company ceasing to be a party to a loan relationship (accounting periods beginning before 1 January 2016)

Corporate tax | Commentary

D1.747 Company ceasing to be a party to a loan relationship (accounting periods beginning before 1 January 2016)

The provisions in this article were repealed for accounting periods beginning on or after 1 January 2016.

Where a company ceased to be a party to a loan relationship in an accounting period beginning before 1 January 2016 there could have been circumstances in which the credits and debits that were recognised in its accounts did not represent the whole of the profits, gains or losses of that period. This could have been because the full amount of the consideration for the disposal

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