613Taxable pension income: foreign annuitiesU.K.
(1)The taxable pension income for an annuity to which section 609, 610 or 611 applies is determined in accordance with this section if the annuity arises from a source outside the United Kingdom.
(2)The taxable pension income for a tax year is the amount on which tax would be chargeable if the annuity were charged to tax under Case V of Schedule D for that year (see in particular the provisions of ICTA listed in subsection (3)).
(3)Those provisions of ICTA are—
(a)sections 65 and 68 (calculation of the amount of the income on which tax is to be charged in the tax year);
(b)section 584 (relief for unremittable overseas income);
(c)section 585 (relief on delayed remittances).
(4)In the application of sections 65(2) and 585(2) of ICTA in relation to the calculation of the taxable pension income for the purposes of this section, any reference to income arising from a pension is a reference to the annuity.