747 Amounts corresponding to accrued income profits and related interest
Income Tax Act 2007 (2007 c 3) | Legislation

747  Amounts corresponding to accrued income profits and related interest

(1)     This subsection applies if a person—

(a)     would have been treated as—

(i)     making qualifying accrued income profits, or

(ii)     making qualifying accrued income profits of a greater amount,

in an interest period, but

(b)     is not so treated because of being resident or domiciled outside the United Kingdom throughout any tax year in which the interest period (or part of it) falls.

(2)     If subsection (1) applies, this Chapter applies as if the amount which the person would be treated as making or,

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