Corporation Tax Act 2009 section 127G

Interpretation

Section 127G provides the key definitions used throughout the chapter on compensation for compulsory slaughter of animals.

• An "animal" is defined broadly to mean any animal or other living creature
• A "farming trade" means a trade of farming
• The "farm company" is the company that carries on the farming trade, whether alone or in partnership
• The "total compensation profit" has the specific meaning set out in section 127B