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 379
Lessee under long funding operating lease
Section 379 reduces the deductions that a lessee under a long funding operating lease of plant or machinery may claim when calculating its profits for corporation tax purposes, by reference to the expected loss in value of the leased asset over the lease term.
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.