Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 16 U.K. Part 2: minor and consequential amendments

PART 3 U.K. Amendments of other Acts

Corporation Tax Act 2010 U.K.

226 (1) Section 839 (deduction under section 76 of ICTA not to exceed commercial rent) is amended as follows. U.K.

(2) In subsection (1), for “the deduction under section 76 of ICTA allowed for” substitute “ the amount to be taken into account as mentioned in section 835(2)(c) or 836(2)(c) in respect of ”.

(3) In subsection (3), for “The deduction” substitute “ The amount of the payment to be taken into account ”.

(4) In the heading, omit “under section 76 of ICTA”.