Section 34 — Corporation Tax Act 2009: Overview of Part

Overview of Part 34 1 This Part applies the charge to corporation tax on income to—

a the profits of a trade (see Chapter 2),

and b post-cessation receipts arising from a trade (see Chapter 15).

2 Chapters 3 to 14 contain rules relevant to tax under this Part.

3 Chapter 16 contains rules that give priority to provisions outside this Part in relation to certain matters that fall within it.

4 This Part needs to be read with Parts 19 (general exemptions) and 20 (general calculation rules).