Corporation Tax Act 2009 section 169

Cost to buyer of stock valued on sale basis of valuation

Section 169 establishes how the buyer of trading stock should determine the cost of that stock for the purpose of calculating their trading profits, where the stock has been valued on the sale basis when the seller's trade ceased.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.