Valid from 17/07/2013
19(1)Section 32 of CTA 2010 (meaning of “augmented profits”) is amended as follows.U.K.
(2)In subsection (1), in paragraph (a) after “company's” insert “ adjusted ”.
(3)After that subsection insert—
“(1A)A company's “adjusted taxable total profits” of a period are what would have been the company's taxable total profits of the period in the absence of sections 1(2A), 2B and 8(4A) of TCGA 1992 and section 2(2A) of CTA 2009 (certain gains on relevant high value disposals by companies etc chargeable to capital gains tax not corporation tax).”