# Income and Corporation Taxes Act 1988, Paragraph 5

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

Where under paragraph 2 or 4 above franked investment income received by a company falls to be taken into account in determining—
(a) whether advance corporation tax is payable or repayable; or
(b) the amount of such tax which is payable or repayable,
the inclusion of that franked investment income in the appropriate return shall be treated as a claim by the company to have it so taken into account, and any such claim shall be supported by such evidence as an officer of the Board may reasonably require.

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/13/paragraph/5 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-13/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.