Commentary

D1.201 Overview

Corporate tax
Corporate tax | Commentary

D1.201 Overview

Corporate tax | Commentary

Division D1.2     Exempted bodies

For updates affecting this Division please see Part D0 Updates

Statutorily exempt bodies

D1.201 Overview

For the latest New Development, see ND.1904.

The following bodies are specifically excluded from the definition of a company1:

  1.  

    (a)     a partnership (B7.101);

  2.  

    (b)     a local authority, or local authority association (D1.201A);

  3.  

    (c)     (for corporation tax purposes) a co-ownership scheme (D8.145).

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