Corporation Tax Act 2010 Explanatory Notes

Introduction

Part 5: Group relief

Chapter 7: Miscellaneous provisions and interpretation of Part

Section 188: Other definitions

745.This section sets out definitions of expressions used in the Part. It is based on sections 6(4) and 413 of ICTA.

746.Subsection (2) defines “trade” so that it includes an office but does not refer to a company having a vocation or employment.See Change 4 in Annex 1.