# Income Tax (Trading and Other Income) Act 2005, Paragraph 145


(1) Amend section 337 (company beginning or ceasing to carry on trade) as follows.
(2) In subsection (1) after “shall be computed” insert “ for the purposes of corporation tax ”.
(3) In subsection (2) after “overseas property business” insert “ (within the meaning given by section 70A(4)) ”.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/1/paragraph/145 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-1/paragraph-145
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.