[148C Value of marketable transferable tax credits: purchaser]
Finance (No 2) Act 2023 (2023 c 30) | Legislation

[148C  Value of marketable transferable tax credits: purchaser]

[(1)     The underlying profits of a member of a multinational group that is the purchaser in relation to a marketable transferable tax credit are to be adjusted to secure that the value of marketable transferable tax credits it holds, and has held, as purchaser are reflected as follows.

(2)     On using an amount of the credit in an accounting period, the amount

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