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Legislation
Taxation (International and Other Provisions) Act 2010

Chapter 10 The exempt period exemption

  • Section 371JA Introduction to Chapter
  • Section 371JB The basic rule
  • Section 371JC When does an exempt period begin?
  • Section 371JD How long is an exempt period?
  • Section 371JE Adjustment of profits passing through the CFC charge gateway
  • Section 371JF Anti-avoidance
  • Section 371JG Amendment of company tax returns
  1. Chapter 10 · The exempt period exemption
  2. Introduction to Chapter

Section 371JA | Introduction to Chapter

From legislation.gov.uk

(1)This Chapter sets out an exemption called “the exempt period exemption” for the purposes of section 371BA(2)(b).

(2)Section 371JE also provides for adjustments of profits which would otherwise pass through the CFC charge gateway (see section 371BB(2)(b)) linked to the exempt period exemption.

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