Part 4: Income tax, corporation tax and capital gains tax Section 37: CFC charge: tax avoidance involving carried-forward losses Summary
This section contains amendments to the loss carried-forward rules in Part 14B Corporate Tax Act (CTA) 2010, to ensure that those rules apply to arrangements involving the avoidance or reduction of a Controlled Foreign Company (CFC) charge. The changes in this section apply for accounting periods which start on or after 8 July 2015.