# Taxation (International and Other Provisions) Act 2010, Section 187A: Excess interest treated as a ... distribution

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

(1) Subsection (2) applies if Conditions A to C in section 187 are met in circumstances where section 174A prevents a claim under section 174.
(2) The interest paid under the actual provision, so far as it exceeds ALINT, is treated for the purposes of the Income Tax Acts as a dividend paid by the company which paid the interest (and, accordingly, as a ...distribution).

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Source: https://www.legislation.gov.uk/ukpga/2010/8/section/187A (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-187A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.