Commentary

D7.523 Income, gains and losses arising on linked assets

Corporate tax
Corporate tax | Commentary

D7.523 Income, gains and losses arising on linked assets

Corporate tax | Commentary

D7.523 Income, gains and losses arising on linked assets

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

Income from, and gains and losses arising on, the disposal of assets linked to any category of business (other than foreign business assets or, for periods beginning before 1 January 2007, assets of the overseas life assurance fund) are referable exclusively to that category of business1. For this purpose an asset is a linked asset if it is identified in the company's records as

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