82 Calculation of taxable diverted profits in section 80 or 81 case: introduction
Finance Act 2015 (2015 c 11) | Legislation

Calculation of Taxable Diverted Profits: section 80 or 81 Cases

82  Calculation of taxable diverted profits in section 80 or 81 case: introduction

(1)     If section 80 or 81 applies in relation to a company (“the relevant company”) for an accounting period—

(a)     no taxable diverted profits arise, in relation to the material provision in question, if section 83 applies, and

(b)     in other cases, section 84 or 85 applies to determine the taxable diverted profits in relation to that material provision.

(2)     But see also section 96 for how a designated HMRC officer estimates those profits when issuing a preliminary notice under section 93 or a charging notice under section 95.

(3)     Subsections (4) to [(10)] define some key expressions used in sections 83 to 85 and this section.

(4)     “The material provision” has the same meaning

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