Commentary

D1.211 Agricultural societies

Corporate tax
Corporate tax | Commentary

D1.211 Agricultural societies

Corporate tax | Commentary

Other classes

D1.211 Agricultural societies

The provisions of CTA 2010, s 989, which originated in consequence of the decision in Royal Agricultural Society of England v Wilson1, exempt from tax the profits of an agricultural society from exhibitions and shows held for the purposes of the society, provided the profits are applied solely to those purposes. The term 'agricultural society' includes any organisation established for the promotion of agriculture, horticulture, the breeding of any kind of animal or forestry2.

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