[18K Total opening negative amount: “matching”]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[18K  Total opening negative amount: “matching”]

[(1)     At the end of each relevant accounting period of the company (starting with the first) the total opening negative amount is to be reduced (or further reduced) by the amount of any aggregate relevant profits amount of the company for the accounting period (but not to below nil).

(2)     In any relevant accounting period of the

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