http://www.legislation.gov.uk/uksi/2003/2582/regulation/4/made

The Income Tax (Manufactured Overseas Dividends) (Amendment) Regulations 2003

Income tax

King's Printer of Acts of Parliament

2011-07-04

INCOME TAX

These Regulations amend the Income Tax (Manufactured Overseas Dividends) Regulations 1993 (S.I. 1993/2004) (“the principal Regulations”). The main purpose of the amendments is to remove the requirements for persons making payments of manufactured overseas dividends (within the meaning given by paragraph 4(1) of Schedule 23A to the Income and Corporation Taxes Act 1988 (c. 1)) to account for and pay tax in respect of such payments where payment is to persons who are not United Kingdom recipients (within the meaning given by paragraph 4(3A) of that Schedule). The amendments also take into account the general replacement of references in tax legislation to “branch or agency” by references to “permanent establishment” (see section 153 of the Finance Act 2003 (c. 14)).