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StatuteCorporation Tax Act 2009

Section 945 — Corporation Tax Act 2009: Discretionary interests

Text of the provision Official document

Discretionary interests 945 The basic amount of estate income relating to a company's discretionary interest in the whole or part of the residue of an estate for an accounting period is the total of the payments made in the accounting period in exercise of the discretion in favour of the company.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.