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StatuteCorporation Tax Act 2009

Section 112 — Corporation Tax Act 2009: Initial cost of herd and value of herd

Text of the provision Official document

Initial cost of herd and value of herd 112 1 In calculating the profits of the trade, no deduction is allowed for the initial cost of the herd.

2 In calculating the profits of the trade, the value of the herd is not brought into account.

Official source: legislation.gov.uk

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