CFM42150 - Deemed loan relationships: disguised interest: excluded shares: basic rules
CTA09/486E(1)/(2)
Excluded shares: the basic rules
CTA09/486E(1) sets out the basic rule that the disguised interest rules will not apply in any 바카라 사이트˜relevant accounting period바카라 사이트™ where the return 바카라 사이트˜involves only바카라 사이트™ 바카라 사이트˜relevant shares바카라 사이트™.
Relevant accounting period
CTA09/486E(2) defines 바카라 사이트˜relevant accounting period바카라 사이트™ as:
- beginning when the holding company becomes party to the arrangement or, if later, when the arrangement begins to produce a return to the company;
- ending when the holding company ceases to be party to the arrangement or, if earlier, the end of the relevant accounting period.
See CFM42160 for more in the meaning of 바카라 사이트˜involves only바카라 사이트™, and CFM42170 for more on 바카라 사이트˜relevant shares바카라 사이트™.