INTM630520 - Royalty Withholding: UK Source: Interaction with Diverted Profits Tax: Commencement

The changes to FA15/PART3 apply for accounting periods ending on or after 28 June 2016 - see FA16/S43(7).

A payment that would not otherwise be regarded as having been made during an accounting period ending on or after 28 June 2016 is nonetheless treated as having been done so if:

• FA16/S40(6) applies to deem the payment as having been made during a date in that period (see section INTM630320),
• FA16/S42(5) applies to deem the payment as having been made during a date in that period for the purposes of ITTOIA05/S577A(1) (see section INTM630420).