[380 Reactivation of deductions: identification of the tax-interest amounts to be brought into account]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[380  Reactivation of deductions: identification of the tax-interest amounts to be brought into account]

[(1)     This section applies where—

(a)     a company is required to bring tax-interest expense amounts into account in an accounting period under section 379, and

(b)     the total of the tax-interest expense amounts that are brought forward to the accounting period from earlier accounting periods exceeds the total of the tax-interest expense amounts that are required by that provision to be brought into account in that accounting period.

(2)

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