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StatuteCorporation Tax Act 2009

Section 1228 — Corporation Tax Act 2009: Credits that reverse debits

Text of the provision Official document

Credits that reverse debits 1228 For the purposes of sections 1229 and 1230, a credit reverses the whole or part of a debit in any case where the credit falls to be made because—

a the sum represented in whole or in part by the debit is paid and then wholly or partly repaid, or b the sum represented by the debit is never paid.

Official source: legislation.gov.uk

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