Corporation Tax Act 2010 section 818

Charge to tax on gains from transactions in land

Section 818 provided for a charge to corporation tax on gains arising from certain transactions in land, but this provision was removed from the legislation for disposals on or after 5 July 2016.

• Section 818 was part of Part 18 of the Corporation Tax Act 2010, which dealt with taxing gains from transactions in land.
• The entire Part 18, including section 818, was repealed by the Finance Act 2016.
• The repeal took effect for disposals made on or after 5 July 2016.
• Transactions in land involving disposals before 5 July 2016 may still have been subject to the original provisions.

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