Finance (No. 2) Act 2023 (c. 30)

Part 3 U.K. Multinational top-up tax

Chapter 4 U.K. Calculation of adjusted profits of members of a multinational group

Adjusted profits of a member of a multinational group U.K.

137 No amounts outside of profit and loss account to be included U.K.

Except as required by any other provision of this Part, amounts that are recognised outside the profit and loss account in the underlying profits accounts of a member of a multinational group are not to be reflected in the underlying profits of that member.