# Corporation Tax Act 2009, Section 299: Charge to tax on non-trading profits


(1) The charge to corporation tax on income applies to any non-trading profits which a company has in respect of its loan relationships.
(2) For the meaning of a company having such profits and how they are calculated, see section 301.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/299 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-299
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.