19Meaning of “dividend income”U.K.
(1)This section applies for the purposes of the Income Tax Acts.
(2)“Dividend income” is income which is—
(a)chargeable under Chapter 3 of Part 4 of ITTOIA 2005 (dividends etc from UK resident companies),
(b)chargeable under Chapter 4 of that Part (dividends from non-UK resident companies),
(c)chargeable under Chapter 5 of that Part (stock dividends from UK resident companies),
(d)chargeable under Chapter 6 of that Part (release of loan to participator in close company), or
(e)a relevant foreign distribution chargeable under Chapter 8 of Part 5 of ITTOIA 2005 (income not otherwise charged).
(3)In subsection (2) “relevant foreign distribution” means a distribution of a non-UK resident company which—
(a)is not chargeable under Chapter 4 of Part 4 of ITTOIA 2005, but
(b)would be chargeable under Chapter 3 of that Part if the company were UK resident.