Charge to tax on trade profitsU.K.
35Charge to tax on trade profitsU.K.
The charge to corporation tax on income applies to the profits of a trade.
Modifications etc. (not altering text)
C1S. 35 applied (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 71(1) (with s. 147, Sch. 17)
C2S. 35 excluded (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 69(a) (with s. 147, Sch. 17)