Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 18: Transactions in land

Sections 819 and 820: Gains obtained from land disposals in some circumstances; person obtaining gain

2440.These sections are based on section 776(2) to (5), (13) and (14) of ICTA.

2441.Except as noted in the Overview above, these sections replicate exactly sections 756 and 757 of ITA.