1259 Calculation of firm's profits and losses
Corporation Tax Act 2009 (2009 c 4) | Legislation

Calculation of partners' shares

1259  Calculation of firm's profits and losses

(1)     This section applies if a firm carries on a trade and any partner in the firm (“the partner”) is a company within the charge to corporation tax.

(2)     For any accounting period of the firm, the amount of the

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