PART 8B Trading profits taxable at the Northern Ireland rate

CHAPTER 17 Excluded trades, excluded activities and back-office activities

Excluded trades

357XE Re-insurance trade
(1) A trade is an “excluded trade” if it consists of re-insurance.
(2) In this Part “re-insurance” includes retrocession.
Pt. 8B inserted (with effect in accordance with s. 5 of the amending Act) by Corporation Tax (Northern Ireland) Act 2015 (c. 21), s. 1