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StatuteCorporation Tax Act 2010

Section 566 — Corporation Tax Act 2010: Breach of condition B in section 531 in accounting period 1

Text of the provision Official document

Breach of condition B in section 531 in accounting period 1 566 1 Subsection (2) applies if condition B in section 531 (balance of business: assets involved in property rental business)—

a is not met in relation to accounting period 1, but b is met at the beginning of the next accounting period.

2 The breach is to be ignored; ... 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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.