# Finance Act 2021, Paragraph 25


In section 551 (REITs: distribution to holder of excessive rights), after subsection (5) insert—
“(6) Accordingly, it is charged to corporation tax at the main rate of corporation tax.”

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Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/1/paragraph/25 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-1/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.