{
  "url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-123",
  "json_url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-123.json",
  "legislation": "ukpga/2010/8",
  "legislation_title": "Taxation (International and Other Provisions) Act 2010",
  "legislation_url": "https://openlegislation.uk/taxation-international-and-other-provisions-act-2010",
  "path": "section/123",
  "kind": "section",
  "number": "123",
  "heading": "Interpretation of sections 116 to 122",
  "text": "In sections 116 to 122 and this section—\n“company” means any entity listed as a company in Part A of Annex I to the Mergers Directive,\n“derivative contract” has the same meaning as in Part 7 of CTA 2009,\n“intangible fixed assets” and “chargeable intangible assets”, in relation to any person, have the same meaning as in Part 8 of CTA 2009,\n“loan relationship” has the same meaning as in Part 5 of CTA 2009,\n“the Mergers Directive” means Council Directive 2009/133/EC,\n“proceeds of realisation”, in relation to intangible fixed assets, has the meaning given in section 739 of CTA 2009, and\n“recognised for tax purposes” has the same meaning as in Part 8 of CTA 2009.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 123 substituted (1.7.2011) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2011 (S.I. 2011/1431), regs. 1(2), 5(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 123 substituted (1.7.2011) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2011 (S.I. 2011/1431), regs. 1(2), 5(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/8/section/123",
    "retrieved_at": "2026-10-29T09:10:17.008829+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."
}