{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-16",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-16.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/16",
  "kind": "section",
  "number": "16",
  "heading": "Sections 13(2) and 15(5): profit against which carried-forward amount to be set off",
  "text": "(1) This section is about the interpretation of the references in sections 13(2) and 15(5) to the profit against which a carried-forward amount is to be set off, in a case where the carried-forward amount—\n(a) is one that is treated as arising in an accounting period later than that in which it in fact arises, and\n(b) is accordingly deductible in calculating a profit for that later period.\n(2) In such a case, the references are to be read as references to the profit in calculating which the amount is deductible, disregarding the deduction.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/16",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}