[F1103KCCarried interest: foreign chargeable gainsU.K.
In a case where section 103KA applies, a chargeable gain accruing or treated as accruing to an individual in respect of carried interest is [F2a chargeable gain accruing on the disposal of an asset situated outside the United Kingdom] only to the extent that the individual performs the services referred to in section 103KA(1)(a) outside the United Kingdom.]
Textual Amendments
F1Pt. 3 Ch. 5 inserted (with effect in accordance with s. 43(2)-(4) of the amending Act) by Finance (No. 2) Act 2015 (c. 33), s. 43(1)
F2Words in s. 103KC substituted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 47