# Corporation Tax Act 2010, Section 542: Disapplication of certain provisions


(1) Section 66 (ring-fencing of losses from overseas property business) does not apply to property rental business of a UK company which is, or is a member of, a UK REIT.
(2) Sections 166 to 171 of TIOPA 2010 (transfer pricing: exemption for small and medium enterprises) do not apply to a UK company which is, or is a member of, a UK REIT (whether to property rental business or residual business of the company).

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/542 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-542
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.