# Corporation Tax Act 2009, Paragraph 639


In section 849 (calculation of firm's profits or losses) after subsection (3) insert—
“(4) In calculating under subsection (2) or (3) the profits of a trade for any period of account no account is taken of any losses for another period of account.”

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/639 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-639
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.