# Corporation Tax Act 2009, Section 520: Provision not at arm's length: non-deductibility of relevant return

Extent: E+W+S+N.I.

(1) This section applies if arrangements to which section 508 (provision not at arm's length: exclusion of arrangements from sections 503 to 507) applies would, but for that section, be alternative finance arrangements.
(2) A company paying relevant return under the arrangements is not entitled to—
(a) any deduction in calculating profits or gains for corporation tax purposes, or
(b) any deduction from total profits,
in respect of the relevant return.
(3) In this section “relevant return” has the same meaning as in section 508 (see subsection (3) of that section).

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/520 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-520
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.