An Act to restate, with minor changes, certain enactments relating to corporation tax; and for connected purposes.
Citation
2009 c 4
Introduced by
Alistair Darling (Commons) Lord Myners (Lords)
Territorial extent
United Kingdom
Dates
Royal assent
26 March 2009
Status: Amended
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended
The Corporation Tax Act 2009 (c 4) is an Act of the Parliament of the United Kingdom. It restated certain legislation relating to corporation tax, with minor changes that were mainly intended "to clarify existing provisions, make them consistent or bring the law into line with well established practice."[2] The Bill was the work of the Tax Law Rewrite Project team at HM Revenue and Customs.[3]
Sections 1310, 1323, 1324, 1325(2) and (3) and 1328 to 1330 came into force on 26 March 2009.[4]
Section 1329(3) confers a power on the Treasury to bring paragraphs 71 and 99 of Schedule 2, and section 1325(1) so far as relating to those paragraphs, and Part 2 of Schedule 3, and section 1326 so far as relating to that Part of that Schedule, into force by order.
The other provisions of the Act came into force on 1 April 2009.[5]
The amendments, repeals and revocations contained in Schedules 1 and 3 have the same extent as the provisions they amend, repeal or revoke. The other provisions of the Act extend to England and Wales, Scotland and Northern Ireland.[6]
^The citation of this Act by this short title is authorised by section 1330 of this Act.
^See the title of the Act and paragraphs 5 and 6 of the explanatory notes to the Act.
^Explanatory notes, paragraph 9 (and see paragraph 1 for their name)
^The Corporation Tax Act 2009, section 1329(2)
^The Corporation Tax Act 2009, section 1329(1)
^The Corporation Tax Act 2009, section 1328
and 28 Related for: Corporation Tax Act 2009 information
CorporationTaxAct may refer to CorporationTaxAct2009, an Act of the Parliament of the United Kingdom CorporationTaxAct 2010, an Act of the Parliament...
governing income tax and corporationtax have thus diverged. Corporationtax was governed by the Income and CorporationTaxesAct 1988 (as amended) prior...
and CorporationTaxesAct 1988, also known as ICTA, was the foremost United Kingdom Act of Parliament concerned with taxation until the Income TaxAct 2007...
A dividend tax is a tax imposed by a jurisdiction on dividends paid by a corporation to its shareholders (stockholders). The primary tax liability is...
for R&D tax relief purposes on 1 January 2005. The EC SME thresholds were extended by UK legislation at 1 August 2008 (CorporationTaxAct2009: Sections...
and public service contracts, recital 32, accessed 24 July 2023 "CorporationTaxAct2009". Retrieved 3 October 2021. Adam Leitman Bailey and Dov Treiman...
A corporate tax, also called corporationtax or company tax, is a type of direct tax levied on the income or capital of corporations and other similar...
of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is...
provisions of the Income TaxAct. Provincial and territorial income taxes are levied under various provincial statutes. The Canadian income tax system is a self-assessment...
system. Ireland's "headline" corporationtax rate is 12.5%, however, foreign multinationals pay an aggregate § Effective tax rate (ETR) of 2.2–4.5% on global...
The CorporationTaxAct 2010 (c.4) is an Act of the Parliament of the United Kingdom that received Royal Assent on 3 March 2010. It was first presented...
and CorporationTaxesAct 1970 (c. 10) was an act of the Parliament of the United Kingdom which was repealed in 1992. Under section 226 of this act, retirement...
government revenues come primarily from income tax, National Insurance contributions, value added tax, corporationtax and fuel duty. Local government revenues...
The Federal Insurance Contributions Act (FICA /ˈfaɪkə/) is a United States federal payroll (or employment) tax payable by both employees and employers...
The Foreign Account Tax Compliance Act (FATCA) is a 2010 U.S. federal law requiring all non-U.S. foreign financial institutions (FFIs) to search their...
to the law of United Kingdom, and mostly replaced the Income and CorporationTaxesAct 1988. Part 1 Overview Part 2 Basic provisions Part 3 Personal reliefs...
Income TaxAct 2007 attention was turned to corporationtax. The CorporationTaxAct2009 applies to accounting periods ending on or after 1 April 2009. Two...
true tax burden to either the corporation or the individual in the listed country. Top Marginal Tax Rates In Europe 2022 Payroll and income tax by OECD...
An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC)...
impose a tax on the income of corporations. State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain...
are deducted from income taxable under the Income Tax Act 2007 and the CorporationTaxAct2009. Capital allowances fall under several categories: initial...
Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed (with some exceptions...
the Freedom Act of 2009, an amendment proposed by Senate Finance Committee members Maria Cantwell (D) and Orrin Hatch (R) to include tax incentives for...
American corporations for tax planning, as ULCs are treated as corporations for Canadian tax purposes but as flow-through entities for American tax purposes...