{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-1258A",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-1258A.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/1258A",
  "kind": "section",
  "number": "1258A",
  "heading": "Bare trusts",
  "text": "(1) This section applies if—\n(a) a partner in a firm is partner as trustee for a beneficiary who is absolutely entitled to the partner's share of the profits of the firm, and\n(b) the beneficiary is chargeable to tax on those profits.\n(2) References in this Part to a partner or member of the firm include references to the beneficiary.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 1258A inserted (with effect in accordance with Sch. 6 para. 4(2) of the amending Act) by Finance Act 2018 (c. 3), Sch. 6 para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/1258A",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}