http://www.legislation.gov.uk/ukpga/2010/4/section/485Corporation Tax Act 2010An Act to restate, with minor changes, certain enactments relating to corporation tax and certain enactments relating to company distributions; and for connected purposes.texttext/xmlenStatute Law Database2026-04-16Expert Participation2026-03-18 Corporation Tax Act 2010s. 658(1)(d)(e)Finance Act 2010Sch. 6 para. 31Sch. 6 para. 35Corporation Tax Act 2010s. 357CHAFinance Act 2024Sch. 2 para. 14(7)Sch. 2 para. 16(2) Part 11Chapter 34851Income which is chargeable to corporation tax under Part 3 of CTA 2009 (trading income) as a result of section 287 of that Act is not taken into account in calculating total profits so far as—ait arises in respect of rents or other receipts from an estate, interest or right in or over land, andbthe estate, interest or right is vested in any person for charitable purposes.2Income which is chargeable to corporation tax under Part 4 of CTA 2009 (property income) is not taken into account in calculating total profits so far as—ait arises in respect of an estate, interest or right in or over land, andbthe estate, interest or right is vested in any person for charitable purposes.3Distributions to which section 548 (Real Estate Investment Trusts: distributions) applies and which are chargeable to corporation tax under Part 4 of CTA 2009 are not taken into account in calculating total profits so far as they arise in respect of shares vested in any person for charitable purposes.4Subsections (1) to (3) apply so far as the income is applied to charitable purposes only.5The exemptions under this section require a claim.