Section 897 — Corporation Tax Act 2010: Accountancy rental earnings
Text of the provision Official document
Accountancy rental earnings 897 1 For the purposes of this Part, the “accountancy rental earnings” in respect of a lease for a period of account of the lessor (“L”) is the greatest of the amounts specified in subsection (2).
2 Those amounts are—
a the rental earnings for that period in respect of the lease in L's case, b the rental earnings for that period in respect of the lease in the case of a person connected with L, and c the rental earnings for that period in respect of the lease for the purposes of consolidated group accounts of a group of companies of which L is a member.
3 For the meaning of “the rental earnings”, see section 898.
Official source: legislation.gov.uk
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →