Policy paper
Corporation Tax: modernisation of the taxation of corporate debt and derivative contracts
This tax information and impact note applies to companies subject to Corporation Tax, which issue or hold debt or which are party to derivative contracts.
Documents
Details
This measure updates the rules governing the taxation of corporate debt (known as loan relationships) and derivative contracts. It makes a series of changes to update the computation of profits and losses on these instruments and the detailed rules by which they are taxed.
Published 8 July 2015