497Section 496: supplementary
(1)This section applies for the purposes of section 496.
(2)A transaction is a miscellaneous transaction if it is of such a nature that, if income or gains had arisen from it (ignoring section 481 (exemption from charges under provisions to which section 1173 applies)), it would have been charged to corporation tax under or by virtue of any provision to which section 1173 applies.
(3)For rules about the calculation of losses, see—
(a)section 47 of CTA 2009 (losses of a trade calculated on same basis as profits),
(b)section 210 of that Act (which applies section 47 of that Act, so that losses of a UK property business or overseas property business are calculated on the same basis as profits), and
(c)section 1306 of that Act (losses from miscellaneous transactions calculated on same basis as miscellaneous income).