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Special Committee Corporation Tax Bill, 1975 debate -
Tuesday, 2 Mar 1976

SECTION 125.

Question proposed: " That section 125 stand part of the Bill."

This section provides the machinery for the making of claims for relief under this Part XI of the Act and for the making of adjustments where excessive relief has been granted. Group relief may be claimed by several companies, each claiming for part of the loss, etc., and a company may claim less than the full amount in respect of which it could make a claim. Every option is available.

It seems very flexible.

Question put and agreed to.
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