172 Exclusion of expenditure met by subsidies
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

172  Exclusion of expenditure met by subsidies

(1)     Expenditure is excluded for the purposes of section 170 so far as it has been, or is to be, met (directly or indirectly) by—

(a)     the Crown,

(b)     a government or local or other public authority (whether in the United Kingdom or elsewhere), or

(c)     any person other

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