Section 292: amounts allowed by way of double taxation relief.

The article discusses Section 292 of Great Britain's Finance Act 2014 which deals with relief for foreign tax under Great Britain's double tax relief (DTR) rules, focusing on British legislative amendments and anti-avoidance measures. Payments by overseas tax authorities are mentioned, along with British tax credits and deductions. Great Britain's Corporation Tax Act 2009 is examined, as well as double tax treaties and non-trading credits which arise from loan relationships.