# Corporation Tax Act 2010, Section 1091: Advance clearance of distributions


(1) Before a distribution is made, the distributing company may apply under this section to the Commissioners for Her Majesty's Revenue and Customs (“the Commissioners”).
(2) If, before the distribution is made, the Commissioners notify that company that they are satisfied that it will be an exempt distribution, the distribution is treated as an exempt distribution.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/1091 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-1091
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.