# Corporation Tax Act 2009, Section 1177: “Subsidised expenditure”


(1) For the purposes of this Part a company's expenditure is treated as subsidised to the extent that—
(a) a grant or subsidy is obtained in respect of the expenditure, or
(b) it is otherwise met directly or indirectly by a person other than the company.
(2) For the purposes of this a grant, subsidy or payment that is not allocated to particular expenditure is to be allocated to expenditure of the recipient on a just and reasonable basis.

---
Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1177 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1177
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.