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Home / Simons-Taxes /Corporate tax /Part D1 Corporation tax generally /Division D1.6 Intangible fixed assets /Corporate intangible regime—tax computational rules / D1.620 Corporate intangible regime—signpost summary for computational rules
Commentary

D1.620 Corporate intangible regime—signpost summary for computational rules

Corporate tax

D1.620 Corporate intangible regime—signpost summary for computational rules

The starting point for amounts to be taxed or relieved under the corporate intangible regime are the accounting debits and credits, as adjusted for tax and any adjustment required to reflect market value (see D1.610–D1.614).The regime provides specific rules regarding how accounting gains and losses are to be brought into account as credits and debits for tax purposes. These rules are detailed in this section of the commentary as summarised below:

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