{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-732",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-732.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/732",
  "kind": "section",
  "number": "732",
  "heading": "Meaning of “corporation tax advantage”",
  "text": "(1) In this Part “corporation tax advantage” means—\n(a) a relief from corporation tax or increased relief from corporation tax,\n(b) a repayment of corporation tax or increased repayment of corporation tax,\n(c) the avoidance or reduction of a charge to corporation tax or an assessment to corporation tax, or\n(d) the avoidance of a possible assessment to corporation tax.\n(2) For the purposes of subsection (1)(c) and (d) it does not matter whether the avoidance or reduction is effected—\n(a) by receipts accruing in such a way that the recipient does not pay or bear corporation tax on them, or\n(b) by a deduction in calculating profits or gains.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/732",
    "retrieved_at": "2026-10-29T09:10:29.433154+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}