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Legislation

Corporation Tax Act 2009

Crossheading Exchange gains and losses

Find in this level

Section 606 Exchange gains and losses
Section 606A Arrangements that have a “one-way exchange effect”
Section 606B Meaning of “relevant exchange gain” and “relevant exchange loss”
Section 606C Meaning of “test day”
Section 606D Counterfactual currency movement assumptions
Section 606E Counterfactual currency movement assumptions: treatment of options
Section 606F Meaning of “option”
Section 606G Meaning of “relevant contingent contract” and “operative condition”
Section 606H Other interpretative provisions

Corporation Tax Act 2009
Exchange gains and losses

Section 606D | Counterfactual currency movement assumptions

From legislation.gov.uk

1 April 2026

Provision repealed

The source marks this provision as repealed and does not provide content for this version.

Repealed^F1

Notes

F1
Ss. 606A-606H omitted (with effect in accordance with Sch. 7 Pt. 6 of the amending Act) by virtue of Finance (No. 2) Act 2015 (c. 33), Sch. 7 para. 69

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