92 Certain BLAGAB trading receipts to count as deemed I-E receipts
Finance Act 2012 (2012 c 14) | Legislation

Deemed I-E receipts

92  Certain BLAGAB trading receipts to count as deemed I-E receipts

(1)     This section applies if—

(a)     an insurance company has receipts that are taken into account in calculating its BLAGAB trade profit or loss (see section 136) for an accounting period,

(b)     the receipts would not fall within the charge to corporation tax apart from this section, and

(c)     the receipts are not excluded

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