http://www.legislation.gov.uk/uksi/2022/239/contents/made

The Disregard and Bringing into Account of Profit and Losses on Derivative Contracts Hedging Acquisitions and Disposals of Shares Regulations 2022

en

King's Printer of Acts of Parliament

2022-03-09

CORPORATION TAX

CAPITAL GAINS TAX

These Regulations amend the Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) Regulations 2004 (“the Disregard Regulations”) and the Exchange Gains and Losses (Bringing into Account Gains or Losses) Regulations 2002 (“the EGLBAGL Regulations”) to allow certain debits and credits from currency derivative contracts to be left out of account and, in certain circumstances, to be brought back into account.