Corporation Tax Act 2010
2010 CHAPTER 4
Introduction
Part 11: Charitable companies etc
Chapter 3: Other exemptions
Section 484: Exemption for profits from lotteries
1488.This section provides an exemption for lottery income provided the income is applied to the purposes of the charitable company. It is based on section 505(1) of ICTA. The corresponding rule for income tax is in section 530 of ITA.
- Previous
- Explanatory Notes Table of contents
- Next