Section 356 | Application to businesses within the charge to corporation tax

(1)In this Chapter (except in sections 353(1A) and 355, and in the modification of section 254 in section 351(3)) any reference to a UK property business includes one within the charge to corporation tax .

(2)In this Chapter (except in section 355) any reference to a person permanently ceasing to carry on a UK property business includes, in the case of a company, the occurrence of an event treated under section 289 of CTA 2009 (company starting or ceasing to be within the charge to corporation tax) as the company permanently ceasing to carry on the business.

(3)In applying any provision of Chapter 18 of Part 2 for the purposes of this Chapter references to the calculation of the profits of a trade for corporation tax purposes are to be read as references to the calculation of the profits of a UK property business for corporation tax purposes.