997No deduction for expenses in providing dividend sharesU.K.
This section has no associated Explanatory Notes
(1)No deduction is allowed to a company for expenses in providing shares that are acquired on behalf of employees under [F1a Schedule 2] share incentive plan as dividend shares.
(2)This is subject to section 988.
Textual Amendments
F1Words in s. 997(1) substituted (6.4.2014) by Finance Act 2014 (c. 26), Sch. 8 paras. 81, 89 (with Sch. 8 paras. 90-96)