# Corporation Tax Act 2010, Section 314: Taxable ring fence profits for an accounting period


For the purposes of this Chapter, a company has taxable ring fence profits for an accounting period if it has an amount of ring fence profits which is chargeable to corporation tax for that accounting period after any group relief claimed under Part 5 (group relief).

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/314 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-314
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.