Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 4: Loss relief

Chapter 5: Losses on disposal of shares
Section 80: Ceasing to meet trading requirement because of administration etc

301.This section supplements section 79 and deals with the consequences for the trading requirement of administration, receivership or winding up. It is based on section 576C of ICTA.