Corporation Tax Act 2010
2010 CHAPTER 4
Introduction
Part 8: Oil activities
Chapter 5: Ring fence expenditure supplement
Section 315: Supplement in respect of a pre-commencement accounting period
1050.This section sets out when a company may qualify for pre-commencement supplement, and how the supplement is given effect. It is based on paragraph 9 of Schedule 19C to ICTA.
1051.Supplement is given as a percentage of the “reference amount”, which is defined in section 319. “Pre-commencement period” is defined in section 309.
- Previous
- Explanatory Notes Table of contents
- Next