Paragraph 2 Payments made for RPDT reliefs to be ignored for corporation tax purposes
United Kingdom
An amount which is, as a result of section 40(5) or paragraph 19 of Schedule 7, not to be taken account in determining profits or losses under section 39 (adjusted trading profits and losses)—
(a)
is also not to be taken into account in calculating profits or losses for the corporation tax purposes, and
(b)
is not to be regarded for those purposes as a distribution.