Corporate Interest Restriction draft guidance
HM Revenue and Customs are seeking comments on this draft guidance covering the new Corporate Interest Restriction rules.
This draft guidance has been published so that stakeholders can comment on it and to explain the application of the Corporate Interest Restriction legislation in Schedule 10 of Finance Bill 2017. The draft guidance will be updated as necessary in the light of comments received.
This is an initial tranche of guidance, focusing on the core rules and other aspects where guidance has been specifically requested. Further draft guidance will be issued by 31 May 2017.
Comments about this draft guidance should be emailed to the Corporate Interest Restriction team at email@example.com. Comments can sent in batches, but all comments should be submitted by 31 July 2017.
A consultation on the corporate interest restriction has been carried out.