OT21218 - Corporation Tax Ring Fence: The Supplementary Charge - Interaction with Ring Fence losses
In 2007 HMRC & UKOITC discussed the treatment of the supplementary charge and 鈥渓osses鈥�. HMRC鈥檚 position is set out in the following sections. This position was circulated to the members of UKOITC in HMRC鈥檚 letter of 7 June 2007.