# Finance Act 2021, Paragraph 23


In section 535 (REITs: gains), after subsection (5) insert—
“(6) Gains which—
(a) accrue to residual business of a company which is, or is a member of, a UK REIT, and
(b) are charged to corporation tax,
are to be charged at a rate determined without reference to sections 18A and 18B (companies with small profits).”

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Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/1/paragraph/23 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-1/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.