Commentary

D7.579 Taxation of life reinsurance business

Corporate tax
Corporate tax | Commentary

D7.579 Taxation of life reinsurance business

Corporate tax | Commentary

D7.579 Taxation of life reinsurance business

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

For accounting periods beginning on or after 1 January 2007, life reinsurance business is taxed as part of the composite gross roll up category described in D7.574.

For accounting periods beginning before that date LRB was treated as a separate business, the profits on which were assessed under Schedule D Case VI in accordance with the rules of Schedule D Case I, unless the company's profits from its

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