# Finance (No. 2) Act 2023, Paragraph 5: Amounts not brought into account in determining a company’s tax-EBITDA

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

(1) Section 407(1) (amounts not brought into account in determining a company’s tax-EBITDA) is amended as follows.
(2) At the end of paragraph (a) insert “(or an amount which would, apart from section 388, be a tax-interest income amount);”.
(3) After paragraph (g) insert—
“(ga) a reduction under paragraph 37(3)(b) of Schedule 5 to FA 2019 (non-UK resident companies carrying on UK property businesses etc: unrelieved amounts);”.

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Source: https://www.legislation.gov.uk/ukpga/2023/30/schedule/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.