Income Tax Act 2007 section 257MM

Requirement to use money raised and to trade for minimum period

Section 257MM sets out the rules governing how a social enterprise must use the money raised through Social Investment Tax Relief (SITR) and the minimum period for which the relevant trade must have been carried on.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.