Part 9

Leasing plant or machinery
Chapter 4

Sales of lessors: leasing business carried on by a company in partnership

Qualifying changes in partner company's interest in business

Amount of income and expense
418
1
The amount of the income under section 417 is calculated in accordance with sections 421 to 423.
2
The amount of the expense of the other company under section 417 is calculated in accordance with section 424.