[417 The capital (expenditure) adjustment]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[417  The capital (expenditure) adjustment]

[(1)     For the purposes of section 416, “the capital (expenditure) adjustment” is—

A - B - C

ɳ—

A is the sum of the amounts (if any) in respect of relevant capital expenditure which are brought into account in determining the group's profit before tax;

B is the sum of the amounts (if any) in respect of relevant capital expenditure reversals which are brought into account in determining the group's profit before tax;

C is the sum of the amounts (if any) in respect of relevant capital income which are brought into account in determining the group's profit

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