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Change year: 2010

Section 219B Income of Investor Compensation Company Ltd

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Amendments

Section 219B inserted by Finance Act 1999 section 76(1)(a).

(1) In this section, "the company" means the company incorporated on the 10th day of September, 1998, as The Investor Compensation Company Limited.

(2) Notwithstanding any provision of the Corporation Tax Acts, profits arising in any accounting period ending on or after the 10th day of September, 1998, to the company shall be exempt from corporation tax.

Are profits of the Investor Compensation Company taxable?

(1)-(2) No. Profits arising on or after 10 September 1998 of The Investor Compensation Company Ltd are exempt from corporation tax.

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