Corporation Tax Act 2010 section 676BD

Meaning of "the relevant provisions"

Section 676BD defines the term "the relevant provisions" as used throughout Chapter 2B, identifying the two specific areas of tax law that this term refers to.

• The term "the relevant provisions" is a defined shorthand used throughout Chapter 2B of the Corporation Tax Act 2010.
• It covers the rules on how chargeable gains are included in a company's total profits, found in section 8(1) of and Schedule 7A to the Taxation of Chargeable Gains Act 1992.
• It also covers the rules on how credits and debits relating to intangible fixed assets are given effect, found in Chapter 6 of Part 8 of the Corporation Tax Act 2009.
• Wherever Chapter 2B refers to "the relevant provisions", it means one or both of these two sets of rules.