Income and Corporation Taxes Act 1988 (c. 1)

SCHEDULES

SCHEDULE A1 U.K. Determination of profits attributable to permanent establishment: supplementary provisions

Part 2 U.K. General provisions

Application of general provision as to allowable deductions U.K.

3 (1) Section 11AA(4) (general provision as to allowable deductions) applies whether or not the expenses are incurred by, or reimbursed by, the permanent establishment.

(2) The amount of expenses to be taken into account under section 11AA(4) is the actual cost to the non-resident company.