SolvedCrossheading Transactions not at arm's length: exchange gains and losses
From legislation.gov.uk
Contents
- Section 447 Exchange gains and losses on debtor relationships: loans disregarded under Part 4 of TIOPA 2010
- Section 448 Exchange gains and losses on debtor relationships: equity notes where holder associated with issuer
- Section 449 Exchange gains and losses on creditor relationships: no corresponding debtor relationship
- Section 450 Meaning of “corresponding debtor relationship”
- Section 451 Exception to section 449 where loan exceeds arm's length amount
- Section 452 Exchange gains and losses where loan not on arm's length terms