The Corporation Tax Act 2009 aims to modernise and consolidate previous legislations regarding corporation tax into a single, comprehensive statute, furthering legal clarity and accessibility. Emphasising the streamlining of tax arrangements for companies, it encompasses rules on taxable profits, losses, and reliefs. Additionally, it introduces provisions on the taxation of company distributions and sets out compliance requirements. The Act supports the government's broader objectives of simplifying the tax system and enhancing the business environment in the UK, providing a clear framework for corporate financial obligations.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
TAKE A FREE TRIALThe Corporation Tax Act 2009 aims to modernise and consolidate previous legislations regarding corporation tax into a single, comprehensive statute, furthering legal clarity and accessibility. Emphasising the streamlining of tax arrangements for companies, it encompasses rules on taxable profits, losses, and reliefs. Additionally, it introduces provisions on the taxation of company distributions and sets out compliance requirements. The Act supports the government's broader objectives of simplifying the tax system and enhancing the business environment in the UK, providing a clear framework for corporate financial obligations.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
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