57 Banking companies: restrictions on loss relief etc
Finance Act 2016 (2016 c 24) | Legislation

57  Banking companies: restrictions on loss relief etc

(1)     Chapter 3 of Part 7A of CTA 2010 (restrictions on banking companies obtaining certain deductions) is amended as follows.

(2)     In section 269CA (restriction on deductions for trading losses), in subsection (2), for “50%” substitute “25%”.

(3)     In section 269CB (restriction on deductions for non-trading deficits

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