B1.416 Profits applied to charitable purposesThe fact that a profit is applied to a charitable purpose does not affect the taxability of the profit except in so far as the exemption under ITA 2007, s 525 and CTA 2010, s 479 applies1 (see B5.825).
The fact that a profit is applied to a charitable purpose does not affect the taxability of the profit except in so far as the exemption under ITA 2007, s 525 and CTA 2010, s 479 applies1 (see B5.825).
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