{
  "url": "https://openlegislation.uk/finance-act-2026/schedule-7/paragraph-8",
  "json_url": "https://openlegislation.uk/finance-act-2026/schedule-7/paragraph-8.json",
  "legislation": "ukpga/2026/11",
  "legislation_title": "Finance Act 2026",
  "legislation_url": "https://openlegislation.uk/finance-act-2026",
  "path": "schedule/7/paragraph/8",
  "kind": "paragraph",
  "number": "8",
  "heading": "Attribution of profits",
  "text": "Omit—\n(a) section 25 (non-UK resident banks: introduction);\n(b) section 26 (transfer of financial assets);\n(c) section 27 (loans: attribution of financial assets and profits arising);\n(d) section 28 (borrowing: permanent establishment acting as agent or intermediary);\n(e) section 29 (allowable deductions);\n(f) section 30 (restriction on deductions: costs);\n(g) section 31 (restriction on deductions: payments in respect of intangible assets);\n(h) section 32 (restriction on deductions: interest or other financing costs).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2026/11/schedule/7/paragraph/8",
    "retrieved_at": "2026-10-29T08:42:24.914774+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}