Commentary

D1.234 Nuclear Decommissioning Authority

Corporate tax
Corporate tax | Commentary

D1.234 Nuclear Decommissioning Authority

Corporate tax | Commentary

D1.234 Nuclear Decommissioning Authority

Trading income and losses of a Nuclear Decommissioning Authority (NDA) from exempt activities are disregarded for corporation tax purposes1.

Exempt activities are defined2 as the operation of designated facilities for the treatment, storage transportation or disposal of hazardous material, carried on for the purpose of thermal oxide reprocessing or mixed oxide manufacture at Sellafield in Cumbria.

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