164 Basis of valuation of trading stock
Corporation Tax Act 2009 (2009 c 4) | Legislation

164  Basis of valuation of trading stock

(1)     The value of trading stock belonging to the trade at the time of the cessation is determined as follows.

(2)     If the stock is sold to a person who—

(a)     carries on, or intends to carry on, a trade, profession

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