C2C3C4C5C6C7C8C9C10C11C12C13C14C15PART XVIII DOUBLE TAXATION RELIEF
Pt. 18 applied (with effect in accordance with Sch. 29 Pt. 14 of the affecting Act) by Finance Act 2002 (c. 23), Sch. 29 para. 87
Pt. 18 modified (22.7.2004) by Finance Act 2004 (c. 12), s. 107(5)
Pt. 18 applied by Finance Act 1996 (c. 8), Sch. 9 para. 12E(5) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(1) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(1))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 1 para. 16)
Pt. 18 applied by Finance Act 2002 (c. 23), Sch. 26 para. 30E(5) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(1) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(1))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 1 para. 19)
Pt. 18 applied by Finance Act 1996 (c. 8), Sch. 9 para. 12C(3) (as substituted (29.11.2007 with effect in accordance with regs. 1(2), 3(2) of the amending S.I.) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 2 para. 8)
Pt. 18 applied by Finance Act 2002 (c. 23), Sch. 26 para. 30C(3) (as substituted (29.11.2007 with effect in accordance with regs. 1(2), 3(2) of the amending S.I.) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 2 para. 10)
Pt. 18 applied by Finance Act 2002 (c. 23), Sch. 29 para. 87A(3) (as substituted (29.11.2007 with effect in accordance with regs. 1(2), 3(2) of the amending S.I.) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 2 para. 12)
Pt. 18 applied by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 140H(3), 140I(3), 140J(3) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(3) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(2))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 3 para. 1)
Pt. 18 applied by Finance Act 1996 (c. 8), Sch. 9 paras. 12H(3), 12I(3) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(3) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(2))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 3 para. 2)
Pt. 18 applied by Finance Act 2002 (c. 23), Sch. 26 paras. 30G(3), 30H(3) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(3) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(2))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 3 para. 4)
Pt. 18 applied by Finance Act 2002 (c. 23), Sch. 29 paras. 85B(3), 85C(3) (as inserted (29.11.2007 with effect in accordance with regs. 1(2), 3(3) of the amending S.I. (as amended by S.I. 2008/1579, reg. 4(2))) by The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007 (S.I. 2007/3186), Sch. 3 para. 5)
Pt. 18: power to amend conferred (1.4.2009 with effect in accordance with s. 1329(1) of the affecting Act) by Corporation Tax Act 2009 (c. 4), s. 533(2)(3) (with Sch. 2 Pts. 1, 2)
Pt. 18 modified (with effect in accordance with s. 56(3) of the modifying Act) by Finance Act 2009 (c. 10), s. 56(1)
F6CHAPTER I THE PRINCIPAL RELIEFS
Pt. 18 Chs. 1, 2 modified (6.3.1992 with effect as mentioned in s. 289(1)(2) of the amending Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 277(1), 289 (with ss. 60, 101(1), 171, 201(3))
788 Relief by agreement with other F1territories.
F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
789 Arrangements made under old law.
F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
790 Unilateral relief.
F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
791 Power to make regulations for carrying out section 788.
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C1CHAPTER II RULES GOVERNING RELIEF BY WAY OF CREDIT
Pt. 18 Chs. 1, 2 modified (6.3.1992 with effect as mentioned in s. 289(1)(2) of the amending Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 277(1), 289 (with ss. 60, 101(1), 171, 201(3))
General
792 Interpretation of credit code.
F7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
793 Reduction of United Kingdom taxes by amount of credit due.
F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
793AF23 No double relief etc.
F9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
794 Requirement as to residence.
F10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
795 Computation of income subject to foreign tax.
F11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
795AF24 Limits on credit: minimisation of the foreign tax.
F12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
796 Limits on credit: income tax.
F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
797 Limits on credit: corporation tax.
F14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
797AF25 Foreign tax on F15items giving rise to a non-trading credit F16: loan relationships.
F17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
797BF26 Foreign tax on items giving rise to a non-trading credit: intangible fixed assets
F18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
798Section 796: trade income
F19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
798AF27 Section 797: trade income
F20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
798BF28 Section 798A: special cases
F21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
798CF29Disallowed credit: use as deduction
F22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Tax underlying dividends
799 Computation of underlying tax.
F30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
800 Dividends paid between related companies but not covered by arrangements.
F31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
801 Dividends paid between related companies: relief for U.K. and third country taxes.
F32. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
801AF39 Restriction of relief for underlying tax.
F33. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
801BF40 Dividends paid out of transferred profits.
F34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
801CF41 Separate streaming of dividend so far as representing an ADP dividend of a CFC.
F35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
802 U.K. insurance companies trading overseas.
F36. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
803 Underlying tax reflecting interest on loans.
F37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
803AF42 Foreign taxation of group as a single entity.
F38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Miscellaneous rules
804 Relief against income tax in respect of income arising in years of commencement.
F43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804ZAF59Schemes and arrangements designed to increase relief
F44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804ZBEffect of notice under section 804ZA
F45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804ZCNotices under section 804ZA: further provision
F46. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F48804AF47Life assurance companies with overseas branches etc: restriction of credit.
F49. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804BF60 Insurance companies carrying on more than one category of business: restriction of credit.
F50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804CF61 Insurance companies: allocation of expenses etc in computations under F51section 35 of CTA 2009.
F52. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804D Interpretation of section 804C in relation to life assurance business etc.
F53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804E Interpretation of section 804C in relation to other insurance business.
F54. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804FF62 Interpretation of sections 804A to 804E.
F55. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
804GF63Reduction in credit: payment by reference to foreign tax
F56. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
805 Elections against credit.
F57. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806 Time limit for claims etc.
F58. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F76 Foreign dividends: onshore pooling and utilisation of eligible unrelieved foreign tax
Ss. 806A-806H, 806J and cross-heading inserted (with effect in accordance with Sch. 30 para. 21(2) of the amending Act) by Finance Act 2000 (c. 17), Sch. 30 para. 21(1)
806A Eligible unrelieved foreign tax on dividends: introductory.
F64. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806B The amounts that are eligible unrelieved foreign tax.
F65. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806C Onshore pooling.
F66. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806D Utilisation of eligible unrelieved foreign tax.
F67. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806E Rules for carry back of relievable tax under section 806D.
F68. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806F Credit to be given for underlying tax before other foreign tax etc.
F69. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806G Claims for the purposes of section 806D(4) or (5).
F70. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806H Surrender of relievable tax by one company in a group to another.
F71. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806J Interpretation of foreign dividend provisions of this Chapter.
F72. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F77 Application of foreign dividend provisions to branches or agencies in the UK of persons resident elsewhere
S. 806K and cross-heading inserted (with effect in accordance with Sch. 30 para. 22(2) of the amending Act) by Finance Act 2000 (c. 17), Sch. 30 para. 22(1)
806K Application of foreign dividend provisions to branches or agencies in the UK of persons resident elsewhere.
F73. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F78 Unrelieved foreign tax: profits of overseas branch or agency
Ss. 806L, 806M and cross-heading inserted (with effect in accordance with Sch. 30 para. 23(2)(3) of the amending Act) by Finance Act 2000 (c. 17), Sch. 30 para. 23(1)
806L Carry forward or carry back of unrelieved foreign tax.
F74. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
806M Provisions supplemental to section 806L.
F75. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER III MISCELLANEOUS PROVISIONS
807 Sale of securities with or without accrued interest.
F79. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
807AF110 Disposals and acquisitions of company loan relationships with or without interest.
F80. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F111European cross-border transfers of business
S. 807B and preceding cross-heading inserted (1.4.2009 with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), Sch. 1 para. 257 (with Sch. 2 Pts. 1, 2)
807BIntroduction to section 807C
F81. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
807CF83Tax treated as chargeable in respect of transfer of loan relationship, derivative contract or intangible fixed assets
F82. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F112European cross-border mergers
S. 807D and preceding cross-heading inserted (1.4.2009 with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), Sch. 1 para. 259 (with Sch. 2 Pts. 1, 2)
807DIntroduction to section 807E
F84. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
807EF86Tax treated as chargeable in respect of transfer of loan relationship, derivative contract or intangible fixed assets
F85. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F113Transparent entities involved in cross-border transfers and mergers
S. 807F and preceding cross-heading inserted (1.4.2009 with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), Sch. 1 para. 261 (with Sch. 2 Pts. 1, 2)
807FIntroduction to section 807G
F87. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
807GF89Tax treated as chargeable in respect of relevant transactions
F88. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
808 Restriction on deduction of interest or dividends from trading income.
F90. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F91808A Interest: special relationship.
F92. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
808BF114 Royalties: special relationship.
F93. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
809 Relief in respect of discretionary trusts.
F94. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
810 Postponement of capital allowances to secure double taxation relief.
F95. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
811 Deduction for foreign tax where no credit allowable.
F96. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
812 Withdrawal of right to tax credit of certain non-resident companies connected with unitary states.
F97. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
813 Recovery of tax credits incorrectly paid.
F98. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
814 Arrangements to avoid section 812.
F99. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
815 Power to inspect documents.
F100. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F101815A Transfer of a non-UK trade.
F102. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
815AZAF115UK residents and foreign enterprises
F103. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
815AAF116 Mutual agreement procedure and presentation of cases under arrangements.
F104. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F105815B The Arbitration Convention.
F106. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
815CF117 Exchange of information with other F107territories.
F108. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
816 Disclosure of information.
F109. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pt. 18 modified (3.5.1994) by Finance Act 1994 (c. 9), Sch. 20 para. 10 (as amended by Finance Act 1995 (c. 4), s. 122(4)(5)) (with Sch. 20 para. 12(2)(a))