# Corporation Tax Act 2010, Section 55: Introduction to Chapter


(1) This Chapter restricts the amount of relief that may be given for any loss made by a company in a trade carried on by the company—
(a) as a limited partner (see sections 56 to 58), or
(b) as a member of a limited liability partnership (an “LLP”) (see sections 59 to 61).
(2) In this Chapter persons carrying on a trade in partnership are referred to collectively as a “firm”.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/55 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.