Corporation Tax Act 2010 section 634

Overview of Chapter

Section 634 provides an overview of the Chapter, which deals with the corporation tax charge on receipts of certain types of company that are being wound up.

• This Chapter applies to certain types of company that are in the process of being wound up
• Receipts of those companies during the winding-up process are charged to corporation tax
• Corresponding income tax provisions for such companies can be found in Chapter 3A of Part 14 of the Income Tax Act 2007
• This section serves as an introductory overview and signpost to the detailed rules that follow in the rest of the Chapter