Commentary

D7.201 Corporation tax and charities

Corporate tax
Corporate tax | Commentary

D7.201 Corporation tax and charities

Corporate tax | Commentary

Division D7.2     Charitable corporations

Reviewed by
IAN HAYES,

BA, FCA, AIIT

For updates affecting this Division please see Part D0 Updates

Charitable corporations: tax treatment

D7.201 Corporation tax and charities

This Division deals with particular considerations which may arise where a charity (as defined at B5.805) is within the charge to corporation tax. Only those charities which are corporate legal persons are subject to corporation tax. For the treatment of charities generally and for the tax treatment of non-corporate charities in particular, see Division B5.8.

A charity is exempt from corporation tax in respect of most sources of income which are applied for charitable

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