142 Excluded equity gain or loss
Finance (No 2) Act 2023 (2023 c 30) | Legislation

142  Excluded equity gain or loss

(1)     The underlying profits of a member of a multinational group are to be adjusted so as to exclude any excluded equity gain or loss.

(2)     “Excluded equity gain or loss” means any gain, profit or loss arising from—

(a)     gains and losses from changes in fair value of a qualifying interest or the impairment

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