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Legislation
Taxation (International and Other Provisions) Act 2010

Chapter 3 Assessment

  • Section 217F Preliminary notices
  • Section 217G Representations by the company
  • Section 217H Assessment
  • Section 217I Amendment of company tax return by company
  • Section 217J Amendment of assessment by HMRC
  • Section 217K No postponement except before assessment is finalised for tax on same profits
  • Section 217L Closure notices: rules relating to period for amendments
  • Section 217M Appeal against assessment
  • Section 217N Review of assessment
  • Section 217P Settling of appeal by agreement
  • Section 217Q No repayment
  • Section 217R Exclusion of reliefs, deductions and set-offs
  • Section 217S Assessment otherwise than at UTPP rate: no deduction for excess losses
  1. Chapter 3 · Assessment
  2. Settling of appeal by agreement

Section 217P | Settling of appeal by agreement

From legislation.gov.uk

Where a company gives notice of appeal against an assessment of its unassessed transfer pricing profits, references in section 54 of TMA 1970 to the assessment being varied are to be read as including a reference to the assessment being amended to assess the unassessed transfer pricing profits to corporation tax not at the UTPP rate.

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