Commentary on Sections Overview Chapter 6: How credits and debits are given effect Section 752: Charge to tax on non-trading gains on intangible fixed assets
2041.This section applies the charge to corporation tax on income when there is a non-trading gain under section 751. It is based on section 18 of ICTA.
2042.It is necessary because the general charge label of the source referred to in paragraph 34(4) of Schedule 29 to FA 2002 (“Case VI of Schedule D”) ceases to exist in this Act.