# Finance Act 2019, Paragraph 13


In section 19 (chargeable profits) for subsection (2A) substitute—
“(2A) But the company's “chargeable profits” do not include—
(a) profits of a trade of dealing in or developing UK land (see section 5B),
(b) profits of a UK property business,
(c) profits consisting of other UK property income, or
(d) profits arising from loan relationships or derivative contracts that the company is a party to for the purposes of its UK property business or for the purposes of enabling it to generate other UK property income.”

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/5/paragraph/13 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-5/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.