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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2010/4/section/340</dc:identifier><dc:title>Corporation Tax Act 2010</dc:title><dc:description>An Act to restate, with minor changes, certain enactments relating to corporation tax and certain enactments relating to company distributions; and for connected purposes.</dc:description><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-04-16</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-03-18</dct:valid>
					
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					<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2010/4" title="Entire legislation"/><atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2010/4/section/339" title="Provision; Section 339"/><atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2010/4/section/332KA" title="Provision; Section 332KA"/><atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2010/4/section/341" title="Provision; Section 341"/><atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2010/4/section/356B" title="Provision; Section 356B"/>
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									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/section/340/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/section/340/notes"/><ukm:Alternatives><ukm:Alternative Date="2010-03-15" URI="http://www.legislation.gov.uk/ukpga/2010/4/pdfs/ukpgaen_20100004_en.pdf" Title="Explanatory Note"/></ukm:Alternatives>       
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/body" NumberOfProvisions="1978" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-03-18"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/part/8" IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/part/8" NumberOfProvisions="218" id="part-8" RestrictExtent="E+W+S+N.I." RestrictStartDate="2022-07-14"><Number><Strong>Part 8</Strong></Number><Title>Oil activities</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/part/8/chapter/7" IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/part/8/chapter/7" NumberOfProvisions="31" id="part-8-chapter-7" RestrictExtent="E+W+S+N.I." Status="Repealed" RestrictStartDate="2015-03-26"><Number><CommentaryRef Ref="key-b452fe05c7221a691b8adfc8f2f7c829"/>Chapter 7</Number><Title>REDUCTION OF SUPPLEMENTARY CHARGE FOR ELIGIBLE OIL FIELDS</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/part/8/chapter/7/crossheading/no-change-in-equity-share-activation-of-allowance" IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/part/8/chapter/7/crossheading/no-change-in-equity-share-activation-of-allowance" NumberOfProvisions="2" id="part-8-chapter-7-crossheading-no-change-in-equity-share-activation-of-allowance" Status="Repealed" Match="false" RestrictStartDate="2015-03-26"><Title><Emphasis>No change in equity share: activation of allowance</Emphasis></Title><P1group RestrictExtent="E+W+S+N.I." Status="Repealed" Match="false" RestrictStartDate="2015-03-26"><Title>Introduction to section 341</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2010/4/section/340" IdURI="http://www.legislation.gov.uk/id/ukpga/2010/4/section/340" id="section-340"><Pnumber PuncAfter="">340</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="key-b452fe05c7221a691b8adfc8f2f7c829" Type="F"><Para><Text>Pt. 8 Ch. 7 omitted (with effect in accordance with Sch. 12 para. 6-8 of the amending Act) by virtue of <Citation URI="http://www.legislation.gov.uk/id/ukpga/2015/11" id="cv0wlo7n2-00109" Class="UnitedKingdomPublicGeneralAct" Year="2015" Number="11" Title="Finance Act 2015">Finance Act 2015 (c. 11)</Citation>, <CitationSubRef id="cv0wlo7n2-00110" CitationRef="cv0wlo7n2-00109" URI="http://www.legislation.gov.uk/id/ukpga/2015/11/schedule/12/paragraph/3" SectionRef="schedule-12-paragraph-3" Operative="true">Sch. 12 para. 3</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>