289Effect of company starting or ceasing to be within charge to corporation taxU.K.
This section has no associated Explanatory Notes
(1)This section applies if a company starts or ceases to be within the charge to corporation tax in respect of [F1an overseas property business].
(2)The company is treated for the purposes of this Part—
(a)as starting to carry on the business when it starts to be within the charge, or
(b)as ceasing to carry on the business when it ceases to be within the charge.
Textual Amendments
F1Words in s. 289(1) substituted (6.4.2020) by Finance Act 2019 (c. 1), Sch. 5 paras. 14, 35 (with Sch. 5 para. 36)