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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. Exclusion of reliefs, deductions and set-offs

Section 217R | Exclusion of reliefs, deductions and set-offs

From legislation.gov.uk

No relief, deduction or set-off of any description is allowed against—

(a)a company’s unassessed transfer pricing profits assessed under this Part at the UTPP rate, or

(b)corporation tax charged at the UTPP rate on unassessed transfer pricing profits assessed under this Part.

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