[259LA Deduction from taxable total profits where an amount of ordinary income arises late]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[259LA  Deduction from taxable total profits where an amount of ordinary income arises late]

[(1)     This section applies where—

(a)     a relevant deduction in respect of a payment or quasi-payment is reduced by section 259CD, 259DF, 259GC or 259HC or by more than one of those sections,

(b)     no other provision of this Part, or any equivalent provision of the law of a territory outside the United Kingdom, applies or will apply to the tax treatment of any person in respect of the payment or quasi-payment,

(c)     the section or sections had effect because it was reasonable to suppose that the relevant deduction exceeded, or would exceed, the

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