Summary
1.This section explains how to calculate the taxable diverted profits for an accounting period where section 80 or 81 applies to a company and “the actual provision condition” as defined in section 82 is not met.
1.This section explains how to calculate the taxable diverted profits for an accounting period where section 80 or 81 applies to a company and “the actual provision condition” as defined in section 82 is not met.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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