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Legislation
Corporation Tax Act 2010

CHAPTER 2 Surrender of company's carried-forward losses etc

  • Section 188BA Overview of Chapter
  • Section 188BB Surrender of carried-forward losses and other amounts
  • Section 188BC Restriction on surrendering pre-1 April 2017 losses etc
  • Section 188BD Restriction where investment business has become small or negligible
  • Section 188BE Restriction where surrendering company could use losses etc itself
  • Section 188BF Restriction where surrendering company has no income-generating assets
  • Section 188BG Restrictions for certain insurance companies
  • Section 188BH Restriction on surrender of losses etc made when UK resident
  • Section 188BI Restriction on surrender of losses made when non-UK resident
  • Section 188BJ Restriction on surrender losses etc made when dual resident
  1. Chapter 2 · Surrender of company's carried-forward losses etc
  2. Restriction where surrendering company could use losses etc itself

Section 188BE | Restriction where surrendering company could use losses etc itself

From legislation.gov.uk

The surrendering company may not surrender under this Chapter any loss or other amount carried forward to the surrender period to the extent that the loss or other amount could be deducted from the total profits of the company for the period at Step 2 of section 4(2).

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