875 Effect of application of section 874 in later period and subsequently
Corporation Tax Act 2009 (2009 c 4) | Legislation

875  Effect of application of section 874 in later period and subsequently

(1)     A credit or debit that is required to be brought into account under section 874 is treated as arising at the beginning of the later period (“the relevant time”).

(2)     If section 874(2) applies, the tax written-down value of each resulting asset at the relevant

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