Taxation (International and Other Provisions) Act 2010 section 506

Commencement

Section 506 sets out when the Taxation (International and Other Provisions) Act 2010 comes into force and the dates from which its provisions take effect for different taxes.

• The Act comes into force on 1 April 2010, applying to corporation tax for accounting periods ending on or after that date, and to income tax and capital gains tax from the 2010-11 tax year onwards.
• For petroleum revenue tax, the Act applies to chargeable periods beginning on or after 1 July 2010.
• Certain general and administrative provisions — including those covering orders and regulations, abbreviated references, extent, the short title, and this commencement section itself — came into force earlier, on the date the Act was passed.
• Specific minor and consequential amendments to the Taxation of Chargeable Gains Act 1992 and the Income Tax Act 2007, together with related transitional provisions, also came into force on the date the Act was passed rather than 1 April 2010.