# Corporation Tax Act 2009, Section 93: Capital receipts


(1) Items of a capital nature must not be brought into account as receipts in calculating the profits of a trade.
(2) But this does not apply to items which, as a result of any provision of the Corporation Tax Acts, are brought into account as receipts in calculating the profits of the trade.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/93 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-93
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.