Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxes Consolidation Act 1997 section 160
Set-off of advance corporation tax
Section 160 set out the rules for setting advance corporation tax (ACT) paid on distributions against a company's corporation tax liability, with provision to carry surplus ACT back twelve months or forward indefinitely until it could be absorbed.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.