# Income Tax (Trading and Other Income) Act 2005, Section 23P: Carried interest: anti-avoidance

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

(1) In determining whether section 23I applies in relation to an individual, no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that that section does not to any extent apply in relation to—
(a) the individual, or
(b) the individual and one or more other individuals.
(2) In determining whether an individual falls within paragraph (a) of section 23I(1), no regard is to be had to any arrangements the main purpose, or one of the main purposes, of which is to secure that the individual falls within that paragraph.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/23P (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-23P
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.