Corporation Tax Act 2010 section 817

Priority of other tax provisions

Section 817 established that other specific tax provisions took priority over the general rules in Part 18, but this section was removed from the legislation for disposals on or after 5 July 2016.

• Section 817 was part of Part 18 of the Corporation Tax Act 2010, which dealt with transactions in securities.
• The section provided that where other specific tax provisions applied to a transaction, those provisions would take priority over the general rules in Part 18.
• The entire Part 18, including section 817, was repealed by the Finance Act 2016, section 77(4).
• The repeal applies to all disposals occurring on or after 5 July 2016, meaning Part 18 has no effect for any such transactions from that date onwards.

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