Corporation Tax Act 2010 section 676DD

Meaning of "the relevant provisions"

Section 676DD defines the term "the relevant provisions" as used throughout the chapter, identifying two specific sets of tax rules that the chapter's provisions interact with.

• The term "the relevant provisions" is a defined term used throughout the chapter to refer to two specific areas of tax legislation.
• The first area concerns chargeable gains: specifically section 8(1) of, and Schedule 7A to, the Taxation of Chargeable Gains Act 1992 (TCGA 1992), which deal with how chargeable gains are included in a company's total profits.
• The second area concerns intangible fixed assets: specifically Chapter 6 of Part 8 of the Corporation Tax Act 2009 (CTA 2009), which sets out how credits and debits relating to intangible fixed assets are given effect for corporation tax purposes.
• Where the chapter refers to "the relevant provisions", it means either or both of these two sets of rules, depending on the context.