419 Taxation.E+W+S
(1)The following bodies, namely—
(a)Transport for London,
(b)the [F1Mayor's Office for Policing and Crime], and
(c)[F2the London Fire and Emergency Planning Authority,]
[F2the London Fire Commissioner,]
shall each be treated as a local authority for the purposes of the enactments mentioned in subsection (2) below.
(2)The enactments are—
[F3(a)section 984 of the Corporation Tax Act 2010 (exemption of local authorities from corporation tax);]
[F4(aa)section 838 of the Income Tax Act 2007 (exemption of local authorities from income tax); and]
(b)section 271 of the M1Taxation of Chargeable Gains Act 1992 (exemption of local authorities from capital gains tax).
(3)In sections 170 to 181 of the M2Taxation of Chargeable Gains Act 1992 (groups of companies) references to a company do not apply to Transport for London.
(4)Schedule 33 to this Act (which makes further provision about taxation) shall have effect.
Textual Amendments
F1Words in s. 419(1)(b) substituted (16.1.2012) by Police Reform and Social Responsibility Act 2011 (c. 13), s. 157(1), Sch. 16 para. 58; S.I. 2011/3019, art. 3, Sch. 1
F2S. 419(1)(c) substituted (E.W.) (31.1.2017 for specified purposes) by Policing and Crime Act 2017 (c. 3), s. 183(1)(5)(e), Sch. 2 para. 12
F3S. 419(2)(a) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 306(a) (with Sch. 2)
F4S. 419(2)(aa) inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 388(b) (with Sch. 2)
Marginal Citations