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Legislation
Corporation Tax Act 2009

Crossheading General scheme of corporation tax

  • Section 5 Territorial scope of charge
  • Section 5A Arrangements for avoiding tax
  • Section 5B Trade of dealing in or developing UK land
  • Section 6 Profits accruing in fiduciary or representative capacity
  • Section 7 Profits accruing under trusts
  • Section 8 How tax is charged and assessed
  1. General scheme of corporation tax
  2. Profits accruing in fiduciary or representative capacity

Section 6 | Profits accruing in fiduciary or representative capacity

From legislation.gov.uk

(1)A company is not chargeable to corporation tax on profits which accrue to it in a fiduciary or representative capacity except as respects its own beneficial interest (if any) in the profits.

(2)The exception under subsection (1) from chargeability does not apply to profits arising in the winding up of the company.

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