Explanatory Notes

Corporation Tax Act 2009

2009 CHAPTER 4

26 March 2009

Commentary on Sections

Part 8: Intangible fixed assets

Overview

Chapter 2: Credits in respect of intangible fixed assets

Section 724: Negative goodwill

1993. This section applies to certain releases of negative goodwill. It is based on paragraph 16 of Schedule 29 to FA 2002.