The charging provisions for gains of companies within the charge to corporation tax are set out in Chapter 2 of Part 1 TCGA. This was rewritten and applies to accounting periods beginning on or after 6 April 2019 and to disposals on or after that date for earlier accounting periods. The previous statutory references are shown in [square brackets] in this guidance.

The charge to corporation tax

The profits of a company for corporation tax include its chargeable gains, CTA09/S2(2).

A company which is not resident in the United Kingdom will only be within the charge to Corporation Tax for chargeable gains in the following circumstances -

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