text_body: --- DIVISION TITLE ---
  
  Finance Bill 2013-14 to 2014-15 - New Clause 1 - Oil contractor activities: ring-fence trade etc
  
  --- MOTION EFFECT ---
  
  MPs were considering the Finance Bill[1]. The proposed new clause supported by the majority of MPs in this vote was:
  
  :Schedule (Oil contractors: ring-fence trade etc) contains provision about the corporation tax treatment of oil contractor activities.â
  
  This new clause would have had brought a proposed new schedule into effect. The related new schedule, described as New Schedule 1 (NS1) on the amendment sheet for the day's consideration of the Bill[2] provided for amendments to the [http://www.legislation.gov.uk/ukpga/2010/4/contents Corporation Tax Act 2010]. One amendment was to add:
  
  * oil contractor activities
  and
  
  * profits arising from the exploitation of patents etc.
  
  to the list in subsection 1(3) of the act of types of business and company treated specially for corporation tax purposes. 
  
  
  
  
  
  * [1] [http://services.parliament.uk/bills/2014-15/finance.html Parliament's webpage on the Finance Bill 2013-14 to 2014-15]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2014-2015/0010/amend/pbc0100207m.475-481.html Page of amendment papers for consideration of the Finance Bill 2013-14 to 2014-15 on 2 July 2014]
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  