Related Commentary  Related HMRC Manuals

2D(1)  The total amount of chargeable gains to be included in a companyʼs total profits for an accounting period is calculated for corporation tax purposes in accordance with capital gains tax principles.

2D(2)  All of the following questions are determined in accordance with the enactments relating to capital gains tax as if accounting periods were tax years–

(a)any question as to the amounts to be, or not to be, taken into account as chargeable gains or allowable losses,

(b)any question as to the amounts to be, or not to be, taken into account in calculating gains or losses,

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