Policy paper

Corporation Tax: modernising the taxation of corporate debt and derivative contracts

This Tax Information and Impact Note is about modernising the taxation of corporate debt and derivative contracts.

Documents

Corporation Tax: modernising the taxation of corporate debt and derivative contracts

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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 10 December 2014