# Corporation Tax Act 2010, Section 476: Gifts of money from companies: exemption


(1) If an eligible body receives a gift of a sum of money from a company, the gift is not taken into account in calculating total profits.
(2) The exemption under subsection (1) requires a claim.
(3) In the case of an eligible body which is a charitable company, this section applies instead of section 473.

---
Source: https://www.legislation.gov.uk/ukpga/2010/4/section/476 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-476
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.