Taxation (International and Other Provisions) Act 2010 (c. 8)

SCHEDULES

SCHEDULE 2 U.K. Alternative finance arrangements

Part 1 U.K. New Part 10A of ITA 2007

24 U.K. After section 564V insert—

“564W Diminishing shared ownership arrangements not partnerships

Diminishing shared ownership arrangements are not treated as a partnership for the purposes of the Income Tax Acts.”