Statute
Section 279 — Corporation Tax Act 2010: Oil-related activities treated as separate trade
Text of the provision Official document
Oil-related activities treated as separate trade 279 If a company carries on any oil-related activities as part of a trade, those activities are treated for the purposes of the charge to corporation tax on income as a separate trade, distinct from all other activities carried on by the company as part of the trade.
Official source: legislation.gov.uk
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