948 Assumed income entitlement
Corporation Tax Act 2009 (2009 c 4) | Legislation

Further provisions for calculating estate income relating to absolute interests

948  Assumed income entitlement

(1)     Whether a company has an assumed income entitlement for an accounting period in respect of an absolute interest in the whole or part of the residue of an estate depends on the results of the following steps.

Step 1
Find the amount of the company's share of the residuary income of the

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