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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Corporation Tax Act 2010 section 1027
Cap on amount of distributions affected by section 1026
Section 1027 places a cap on the total amount of distributions that can be reclassified as distributions (rather than repayments of share capital) under the bonus issue rules in section 1026.
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.