[95ZA Taxation of UK distributions received by insurance companies]
Income and Corporation Taxes Act 1988 (1988 c 1) | Legislation

[95ZA  Taxation of UK distributions received by insurance companies]

[(1)     If the total amount of relevant distributions received by a company in an accounting period exceeds £50,000, those distributions are to be taken into account in calculating for corporation tax purposes the profits of the company in that period (and accordingly [[section 130(2)] of CTA 2009] does not apply in relation to those distributions).

(2)     A company

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