Transactions in land: corporation tax | Practical Law

Transactions in land: corporation tax | Practical Law

This note explains the transactions in land rules for corporation tax, as re-introduced by the Finance Act 2016, and the legislation expanding the territorial scope of corporation tax by bringing non-UK resident land traders (dealers and developers) in UK land within the scope of UK corporation tax, irrespective of whether the trade is carried on through a UK permanent establishment.

Transactions in land: corporation tax

Practical Law UK Practice Note 9-630-7947 (Approx. 20 pages)

Transactions in land: corporation tax

MaintainedUnited Kingdom
This note explains the transactions in land rules for corporation tax, as re-introduced by the Finance Act 2016, and the legislation expanding the territorial scope of corporation tax by bringing non-UK resident land traders (dealers and developers) in UK land within the scope of UK corporation tax, irrespective of whether the trade is carried on through a UK permanent establishment.