Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Corporation Tax Act 2009 (c. 4) U.K.

691 (1) Amend section 1262 (allocation of firm's profits or losses between partners) as follows. U.K.

(2) In subsection (2)—

(a) for “pays charges on income” substitute “ makes qualifying charitable donations ”,

(b) for “share of the charges” substitute “ share of the donations ”, and

(c) for “charges are paid” substitute “ donations are made ”.

(3) Omit subsection (3).