# Taxation (International and Other Provisions) Act 2010, Section 259CD: Counteraction where the payer is within the charge to corporation tax for the payment period


(1) This section applies where the payer is within the charge to corporation tax for the payment period.
(2) For corporation tax purposes, the relevant deduction that may be deducted from the payer's income for the payment period is reduced by an amount equal to the hybrid or otherwise impermissible deduction/non-inclusion mismatch mentioned in section 259CA(4).

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Source: https://www.legislation.gov.uk/ukpga/2010/8/section/259CD (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-259CD
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.