Valid from 01/04/2009
934Charge to tax on estate incomeU.K.
This section has no associated Explanatory Notes
(1)The charge to corporation tax on income applies to estate income.
(2)In this Chapter—
“estate” means the estate of a deceased person (whether a UK estate or a foreign estate), and
“estate income” means the income treated under this Chapter as arising from an absolute, limited or discretionary interest in the whole or part of the residue of an estate.
(3)If different parts of an estate are subject to different residuary dispositions, those parts are treated for the purposes of this Chapter as if they were separate estates.