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StatuteCorporation Tax Act 2010

Section 476 — Corporation Tax Act 2010: Gifts of money from companies: exemption

Text of the provision Official document

Gifts of money from companies: exemption 476 1 If an eligible body receives a gift of a sum of money from a company, the gift is not taken into account in calculating total profits.

2 The exemption under subsection (1) requires a claim.

3 In the case of an eligible body which is a charitable company, this section applies instead of section 473.

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.