SCHEDULES
SCHEDULE 2Alternative finance arrangements
Part 1New Part 10A of ITA 2007
14
After section 564L insert—
Treatment of alternative finance return as interest etc
564MTreatment of alternative finance return as interest for ITTOIA 2005
1
Alternative finance return is treated as interest for the purposes of ITTOIA 2005.
2
References to interest in section 380 of that Act (funding bonds) include references to alternative finance return.