Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 2 U.K. Transitionals and savings etc

Part 23 U.K. Company distributions

Share capital issued as paid up otherwise than by receipt of new consideration U.K.

106 F1 (1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

(2) Section 1026 does not apply if the share capital mentioned in subsection (1) of that section was issued before 7 April 1965.

(3) The reference in section 1027(2)(a) to amounts paid up on shares does not include amounts paid up before 7 April 1965.

Textual Amendments

F1 Sch. 2 para. 106(1) omitted (with effect in accordance with Sch. 1 para. 73 of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 1 para. 49