Corporation Tax Act 2010 section 834

Overview of Chapter

Section 834 provides an overview of the Chapter dealing with restrictions on corporation tax relief where payments are connected with transferred land.

• This Chapter applies where a transfer of land takes place and the transferor or an associate of the transferor becomes liable to make a payment connected with that land.
• The payment in question must be one that is linked to the land that was transferred.
• Where these conditions are met, any corporation tax relief that would otherwise be available for the payment is restricted.
• The Chapter sets out the circumstances and rules governing when and how that restriction applies.