37 CFC charge: tax avoidance involving carried-forward losses
Finance (No 2) Act 2015 (2015 c 33) | Legislation

37  CFC charge: tax avoidance involving carried-forward losses

(1)     Part 14B of CTA 2010 (tax avoidance involving carried-over losses) is amended as follows.

(2)     In section 730G (disallowance of deductions for relevant carried-forward losses), in subsection (4), after “a relevant corporation tax advantage” insert “or a relevant CFC charge advantage”.

(3)     In that section, after subsection (5) insert—

“(5A)     In this section “relevant CFC charge advantage” means a CFC charge advantage involving the deductible amount mentioned in

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