Income Tax: Relief for corporation loss against income tax | Practical Law

Income Tax: Relief for corporation loss against income tax | Practical Law

The First-tier Tribunal has held that a non-UK tax resident company was entitled to set off corporation tax losses against profits arising from its business of letting property in the UK which were subject to income tax.

Income Tax: Relief for corporation loss against income tax

Practical Law UK Articles 4-631-3535 (Approx. 3 pages)

Income Tax: Relief for corporation loss against income tax

by Norton Rose Fulbright LLP
Published on 28 Jul 2016 • United Kingdom
The First-tier Tribunal has held that a non-UK tax resident company was entitled to set off corporation tax losses against profits arising from its business of letting property in the UK which were subject to income tax.