Part 13Tax avoidance

F1Chapter 5ATransfers of income streams

809AZCException: amount otherwise taxed

This Chapter does not apply if and to the extent that the income under section 809AZB(1) is (apart from this Chapter)—

(a)

charged to tax as income of the transferor,

(b)

brought into account in calculating the profits of the transferor, or

(c)

brought into account under CAA 2001.