Related Commentary  Related HMRC Manuals

1307(1)  This section applies if–

(a)income is chargeable to corporation tax under or by virtue of any provision to which section 1173 of CTA 2010 applies, and

(b)any period for which accounts are drawn up (a “period of account”) does not coincide with an accounting period.

1307(2)  For this purpose the reference to any provision to which section 1173 of CTA 2010 applies is to be read as if subsection (3) of that section were omitted (exclusion of Chapter 8 of Part 10 so far as relating to income which arises from a source outside the United Kingdom).

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