Commentary

D7.594 Investment assets

Corporate tax
Corporate tax | Commentary

D7.594 Investment assets

Corporate tax | Commentary

D7.594 Investment 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.

A life insurance company is not entitled to capital allowances on its investment assets in a computation of gross roll up business profits1.

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial