486 Exclusion of exchange gains and losses in respect of tax debts etc
Corporation Tax Act 2009 (2009 c 4) | Legislation

486  Exclusion of exchange gains and losses in respect of tax debts etc

(1)     No exchange gains or losses arise for the purposes of this Chapter if the money debt by reference to which the relevant non-lending relationship exists (“the relevant money debt”) is an amount of tax payable under the law of the United Kingdom.

(2)

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