Part 24Corporation Tax Acts definitions etc

Chapter 5Other Corporation Tax Acts provisions

1167Sources of income within the charge to corporation tax or income tax

In the Corporation Tax Acts, a source of income is within the charge to corporation tax or income tax if that tax—

a

is chargeable on the income arising from it, or

b

would be so chargeable if there were any income arising from it,

and references to a person, or income, being within the charge to corporation tax or income tax are to be read in the same way.