[381A Charge to tax on disguised interest]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[Chapter 2A
Disguised Interest]

[381A  Charge to tax on disguised interest]

[(1)     This Chapter applies where a person is party to an arrangement which produces for the person a return in relation to any amount which is economically equivalent to interest.

(2)     Income tax is charged on the return if the return is not charged to income tax under or as a result of any

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