Corporation Tax Act 2009 section 900L

Realisation of fungible assets: pre-FA 2002 assets and restricted assets

Section 900L establishes the order in which different categories of fungible assets are treated as being disposed of when a company realises (sells or otherwise disposes of) a fungible asset that spans more than one tax category.

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.