Amendment of regulation 5 (tax treatment of approved manufactured overseas dividends paid to persons resident outside the United Kingdom)
This section has no associated Explanatory Memorandum
5. In regulation 5 (tax treatment of approved manufactured overseas dividends paid to persons resident outside the United Kingdom), in paragraph (2)(b)(1)—
(a)at the end of sub-paragraph (ii) omit “and”, and
(b)at the end of sub-paragraph (iii) insert—
“, and
(iv)none of the payments are foreign permanent establishment payments.”.
(1)
Paragraph (2) was amended by S.I. 2003/2582.