F1Part 1Capital gains tax and corporation tax on chargeable gains
Chapter 2Corporation tax on chargeable gains
Corporation tax on chargeable gains: the general scheme
2Corporation tax on chargeable gains
(1)
As a result of section 2(1) and (2) of CTA 2009, corporation tax is charged on chargeable gains accruing to a company on the disposal of assets.
(2)
The charge to corporation tax on chargeable gains has effect in accordance with this Act and all other relevant provisions of the Corporation Tax Acts.