Corporation Tax Act 2010 section 822

Method of calculating gain

Section 822 previously set out the method for calculating a gain for the purposes of Part 18 of the Corporation Tax Act 2010, but was repealed in its entirety by the Finance Act 2016.

• Section 822 formed part of Part 18 of the Corporation Tax Act 2010 and dealt with how gains were to be calculated under that Part.
• The entire Part 18, including section 822, was removed from the legislation by section 77(4) of the Finance Act 2016.
• The repeal takes effect in relation to disposals made on or after 5 July 2016.
• Any disposals that took place before 5 July 2016 would still have been subject to the original provisions of section 822 and Part 18 as they stood at that time.

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