(1)In the Income Tax Acts references to any provision to which this section applies are references to any provision listed in the following table so far as it relates to income tax (but subject to any applicable limitation in subsections (3) and (4)).
(2)This is the table—
| Provisions of ITTOIA 2005 | Description |
|---|---|
| Chapter 18 of Part 2 | Post-cessation receipts: trades, professions and vocations |
| Chapter 8 of Part 3 | Rent receivable in connection with a UK section 12(4) concern |
| Chapter 9 of Part 3 | Rent receivable for UK electric-line wayleaves |
| Chapter 10 of Part 3 | Post-cessation receipts: UK property businesses |
| Chapter 2 of Part 4 | Interest |
| Chapter 9 of Part 4 | Gains from contracts for life insurance etc |
| Chapter 11 of Part 4 | Transactions in deposits |
| Chapter 12 of Part 4 | Disposals of futures and options involving guaranteed returns |
| Section 579 | Royalties and other income from intellectual property |
| Section 583 | Income from disposals of know-how |
| Section 587 | Income from sales of patent rights |
| Chapter 3 of Part 5 | Films and sound recordings: non-trade businesses |
| Chapter 4 of Part 5 | Certain telecommunication rights: non-trading income |
| Chapter 5 of Part 5 | Settlements: amounts treated as income of settlor |
| Section 682(4) | Adjustments after the administration period |
| Chapter 8 of Part 5 | Income not otherwise charged |
| Section 844(4) | Withdrawal of relief for unremittable foreign income after source ceases |
| Provisions of this Act | Description |
|---|---|
| Chapter 2 of Part 12 | Accrued income profits |
| [F1Section 681BB(8) and (9) | New lease after assignment or surrender] |
| [F2Section 681DD | Leased assets: capital sums] |
| Section 720, 727 or 731 | Transfer of assets abroad |
| F3. . . | F3. . . |
| Section 776 | Sales of occupation income |
| Section 796 | Individuals benefited by film relief |
| Section 804 | Losses derived from exploiting licence: individuals in partnership |
| [F4Section 809CZC(2) | Income transferred under a loan or credit transaction] |
| Other provisions | Description |
|---|---|
| F5. . . | F5. . . |
| Section 571(1) of ICTA | Cancellation of certificates: schemes for rationalising industry |
| F6... | F6... |
| F7... | F7... |
| Section 774(1) of ICTA | Transactions between dealing company and associated company |
| F8. . . | F8. . . |
| F9. . . | F9. . . |
| F10. . . | F10. . . |
| Section 68(2) of FA 1989 | Employee share ownership trust (chargeable event) |
| Section 71(4) of FA 1989 | Employee share ownership trust (borrowing) |
| Section 258(4) of CAA 2001 | Special leasing |
| Section 479(4) of CAA 2001 | Persons having qualifying non-trade expenditure |
| Section 394(2) of ITEPA 2003 | Charge on administrator of non-approved pension scheme |
| Section 476(5) of ITEPA 2003 | Charge on occurrence of chargeable event |
| [F11Regulation 17 of the Offshore Funds (Tax) Regulations 2009 (S.I. 2009/3001)] | [F11Offshore income gains] |
| [F12Section 1086(2) of CTA 2010 | Chargeable payments connected with exempt distributions] |
(3)For the purposes of this section—
(a)any reference to any provision of ITTOIA 2005 does not include that provision so far as relating to relevant foreign income,
(b)the reference to Chapter 2 of Part 4 of ITTOIA 2005 is a reference to that Chapter only so far as relating to an issue of funding bonds where—
(i)the issue is treated under section 380 of that Act as a payment of interest, and
(ii)the person by or through whom they are issued is required to retain bonds under section 939(2) of this Act but it is impracticable for the person to do so,
(c)the reference to Chapter 9 of Part 4 of ITTOIA 2005 is a reference to that Chapter only so far as relating to gains—
(i)which are from a policy or contract specified in section 531(3) of that Act, and
(ii)which do not fall within section 532 or 534 of that Act,
(d)the reference to section 579 of ITTOIA 2005 does not include that section so far as relating to any annual payment,
(e)the reference to Chapter 4 of Part 5 of ITTOIA 2005 does not include that Chapter so far as relating to any annual payment, and
(f)the reference to Chapter 5 of Part 5 of ITTOIA 2005 does not include that Chapter so far as relating to income which falls within section 619(3) of that Act.
(4)For the purposes of this section the reference to section 720 or 727 of this Act does not include those sections so far as relating to income falling within subsection (3) of section 745.
Textual Amendments
F1Words in s. 1016(2) inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 260(2) (with Sch. 9 paras. 1-9, 22)
F2Words in s. 1016(2) inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 260(3) (with Sch. 9 paras. 1-9, 22)
F3Words in s. 1016(2) omitted (with effect in accordance with s. 82 of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 79(7) (and also with effect in accordance with Finance (No. 2) Act 2017 (c. 32), s. 39(1)(2))
F4Words in s. 1016(2) inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 274(2) (with Sch. 9 paras. 1-9, 22)
F5Words in s. 1016(2) omitted (with effect in accordance with s. 1184(1) of the amending Act) by virtue of Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 569(a) (with Sch. 2)
F6Words in s. 1016(2) Table Pt. 3 omitted (with effect in accordance with Sch. 25 para. 10 of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 25 para. 9(3)(h)(i)
F7Words in s. 1016(2) Table Pt. 3 repealed (1.12.2009, with effect in accordance with art. 1(2)(3) Sch. 1 of the amending S.I.) by The Offshore Funds (Tax) Regulations 2009 (S.I. 2009/3001), regs. 1(1), 129(6)(a), Sch. 2
F8Words in s. 1016(2) repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 260(4), Sch. 10 Pt. 9 (with Sch. 9 paras. 1-9, 22)
F9Words in s. 1016(2) repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 260(5), Sch. 10 Pt. 9 (with Sch. 9 paras. 1-9, 22)
F10Words in s. 1016(2) repealed (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 274(3), Sch. 10 Pt. 10 (with Sch. 9 paras. 1-9, 22)
F11Words in s. 1016(2) Table Pt. 3 inserted (1.12.2009) by The Offshore Funds (Tax) Regulations 2009 (S.I. 2009/3001), regs. 1(1), 129(6)(b)
F12Words in s. 1016(2) inserted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 569(b) (with Sch. 2)