Corporation Tax Act 2010
2010 CHAPTER 4
Introduction
Part 9: Leasing plant or machinery
Chapter 4: Sales of lessors: leasing business carried on by a company in partnership
Section 427: No carry back of the expense
1284.This section prevents any loss which arises in the later accounting period which derives from the expense from being carried back against profits of any earlier accounting period under section 37(3)(b). It is based on paragraph 35 of Schedule 10 to FA 2006.
- Previous
- Explanatory Notes Table of contents
- Next