Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 1 U.K. Minor and consequential amendments

Part 2 U.K. Other enactments

Income Tax Act 2007 U.K.

555 U.K. In section 918 (manufactured dividends on UK shares: Real Estate Investment Trusts)—

(a) in subsection (1)(b) for sub-paragraphs (i) and (ii) substitute—

“(i) paid by a company UK REIT in respect of profits or gains (or both) of the company's property rental business, or

(ii) paid by the principal company of a group UK REIT in respect of profits or gains (or both) of property rental business of members of the group.”,

(b) in subsection (3) for “company to which Part 4 of FA 2006 applies” substitute “ company UK REIT ”, and

(c) after subsection (7) insert—

“(8) In subsection (1) “gains” includes chargeable gains.”