Commentary

D1.862 Derivative contracts used for cash flow hedging

Corporate tax
Corporate tax | Commentary

D1.862 Derivative contracts used for cash flow hedging

Corporate tax | Commentary

D1.862 Derivative contracts used for cash flow hedging

The provisions in this article no longer apply for accounting periods beginning on or after 1 January 2016 as it was no longer necessary following changes introduced by F(No 2)A 2015. See D1.840.

Reg 9A of the Disregard Regulations1 was introduced in order to provide companies with an option of following their accounting treatment in cases where derivative contracts were designated as cash flow hedges in their accounts. It provided that amounts that were taken to reserves would be disregarded in computing the company's derivative contract profits and instead would be brought into

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