# Corporation Tax Act 2010, Section 614: Applicable corporation tax rate

Extent: E+W+S+N.I.

The rate of corporation tax in relation to an open-ended investment company for any financial year is the rate at which income tax at the basic rate is charged for the tax year beginning on 6 April in that financial year ... (and sections 18A and 18B (relief for companies with small profits) do not apply).

---
Source: https://www.legislation.gov.uk/ukpga/2010/4/section/614 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-614
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.