LegalizeThe Tax Treatment of Financing Costs and Income (Excluded Schemes) Regulations 2013
Made: 11th November 2013
Laid before the House of Commons: 13th November 2013
Coming into force: 4th December 2013
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Introductory provisions
Citation, commencement, effect and interpretation
1
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Excluded schemes in relation to a large group
Excluded schemes for the purposes of the application of Part 7 of TIOPA to a large group
2
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Excluded schemes for the purposes of the gateway test
Excluded schemes for the purposes of the application Chapter 2 of Part 7 of TIOPA
3
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Repayment of relevant liability
4
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Release of relevant liability
5
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Excluded Schemes for the purposes of the main rules
Excluded Schemes for the purposes of the application Chapters 3 and 4 of Part 7 of TIOPA
6
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Repayment of finance arrangement
7
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Release from finance arrangement
8
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Transfer to group treasury company
9
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Liability owed to UK group treasury company
10
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Transfer to companies with net financing deduction or net financing income that is small
11
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Tax Avoidance
Tax avoidance schemes
12
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Signed
Nick Lodge — Jim Harra — Two of the Commissioners for Her Majesty’s Revenue and Customs — 11th November 2013
Explanatory note
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Footnotes
[^f00001]: 2010 c. 8.
[^f00002]: Section 316(2) was substituted by section 44 of the Finance Act 2013 (c. 29).
[^f00003]: Section 263(3) was substituted by paragraph 4 of Schedule 5 to the Finance (No 3) Act 2010 (c. 33).
[^f00004]: Section 305A was inserted by paragraph 8 of Schedule 5 to the Finance Act 2012 (c. 14).
[^f00005]: Section 348A was inserted by paragraph 18 of Schedule 5 to the Finance Act 2012.
[^f00006]: Section 263(4) was substituted by paragraph 4 of Schedule 5 to the Finance (No 3) Act 2010.
[^f00007]: 2004 c. 12.
Editorial notes
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