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 403
"TWDV" in section 399
Section 403 defines how to calculate the "TWDV" (tax written-down value) figure used in the income formula in section 399, which determines the basic amount of income arising on a sale of a lessor's leasing business.
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.