# Income Tax (Trading and Other Income) Act 2005, Paragraph 32


(1) Amend section 53 (farming and other commercial occupation of land (except woodlands)) as follows.
(2) In subsection (1) after “charged to” insert “ corporation ”.
(3) In subsection (2)—
(a) for “person or partnership or body of persons” substitute “ company or partnership ”, and
(b) after “trade” insert “ for corporation tax purposes ”.
(4) In subsection (3) after “charged to” insert “ corporation ”.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/1/paragraph/32 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-1/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.