Section 733 — Corporation Tax Act 2009: Overview of Chapter

Overview of Chapter 733 1 This Chapter provides for credits or debits to be brought into account for tax purposes on the realisation by a company of an intangible fixed asset.

2 For the meaning of “realisation”, see section 734.

3 Sections 735 to 738 are subject to Chapter 7 (roll-over relief in case of realisation and reinvestment).

4 This Chapter is also relevant for determining—

a whether an asset is a chargeable intangible asset for the purposes of this Part, and b whether a gain is a chargeable realisation gain for the purposes of this Part.

5 For the meaning of “chargeable intangible asset” and “chargeable realisation gain”, see section 741.