Introduction Corporation Tax Act
18.The Act contains provisions relating to:
	losses, gifts to charities and various reliefs available to companies such as group relief;
	distributions;
	particular types of companies and activities;
	avoidance; and
	definitions;
and completes the rewrite of most of the corporation tax provisions. The Corporation Tax Act 2009 and this Act take the place of ICTA as the main corporation tax Acts.
19.The Act has 1185 sections and four Schedules. The sections are arranged as follows:
	Part 1: Overview
	Part 2: Calculation of liability in respect of profits
	Part 3: Companies with small profits
	Part 4: Loss relief
	Part 5: Group relief
	Part 6: Charitable donations relief
	Part 7: Community investment tax relief
	Part 8: Oil activities
	Part 9: Leasing plant or machinery
	Part 10: Close companies
	Part 11: Charitable companies etc
	Part 12: Real Estate Investment Trusts
	Part 13: Other special types of company etc
	Part 14: Change in company ownership
	Part 15: Transactions in securities
	Part 16: Factoring of income etc
	Part 17: Manufactured payments and repos
	Part 18: Transactions in land
	Part 19: Sale and lease–back etc
	Part 20: Tax avoidance involving leasing plant or machinery
	Part 21: Leasing arrangements: finance leases and loans
	Part 22: Miscellaneous provisions
	Part 23: Company distributions
	Part 24: Corporation Tax Acts definitions etc
	Part 25: Definitions for purposes of Act and final provisions
20.The Schedules are:
	Schedule 1: Minor and consequential amendments
	Schedule 2: Transitionals and savings etc
	Schedule 3: Repeals and revocations
	Schedule 4: Index of defined expressions