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Link to original content: http://www.legislation.gov.uk/ukpga/2016/24/schedule/1/paragraph/11/data.xml
http://www.legislation.gov.uk/ukpga/2016/24/schedule/1/paragraph/11Finance Act 2016An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.texttext/xmlenStatute Law Database2024-06-06Expert Participation2024-04-06 SCHEDULESSCHEDULE 1Abolition of dividend tax credits <Abbreviation Expansion="Et cetera" xml:lang="la">etc</Abbreviation><Emphasis>Further amendments in <Acronym Expansion="Income Tax (Trading and Other Income) Act">ITTOIA</Acronym> 2005</Emphasis>111Section 399 (qualifying distribution received by person not entitled to tax credits) is amended as follows.2For subsection (1) substitute—1This section applies if—aa person's income for a tax year includes a distribution of a company, andbthe person is non-UK resident.3In subsection (2) omit “(but see subsection (7))”.4Omit subsections (3) to (5) (amount of dividend received by non-UK resident to be treated as its grossed-up amount).5Omit subsection (5A) (amounts treated as qualifying distributions for purposes of the section).6Omit subsection (7) (which provides for subsection (2) to be subject to repealed provisions).7For the heading substitute “ Tax treated as paid on distributions received by non-UK resident persons ”.