Corporation Tax Act 2010 section 357Q

Introduction and interpretation

Section 357Q introduces the rules governing how land remediation relief operates for Northern Ireland companies and defines the key terms used in this chapter.

• This chapter adapts the existing land remediation relief rules (Part 14 of CTA 2009) specifically for Northern Ireland companies
• "Northern Ireland expenditure" means trade expenditure that forms part of a company's Northern Ireland profits or losses
• "Qualifying land remediation expenditure" has the same meaning as in Part 14 of CTA 2009 (section 1144), covering costs of remediating contaminated or derelict land
• "Northern Ireland qualifying land remediation expenditure" is the portion of qualifying land remediation expenditure that falls within Northern Ireland profits or losses of a trade