Policy paper

Corporation Tax changes to the corporate interest restriction rules

This measure amends part 10 of the Taxation (International and Other Provisions) Act 2010.

• From: HM Revenue & Customs
• Published: 6 July 2018

Documents

Corporation Tax amendments to the corporate interest restriction rules

HTML

Draft legislation

PDF, 71.8 KB, 6 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Explanatory note

PDF, 151 KB, 5 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This measure makes technical amendments to the Corporate Interest Restriction (CIR) rules to ensure the regime works as intended.

The CIR rules restrict the ability of large businesses to reduce their taxable profits through excessive UK interest expense.

Published 6 July 2018