The following Corporation Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
From 1 July 2009, distributions received by UK companies are taxable unless they fall within a particular exempt category, regardless of whether they are paid by UK or overseas companies. The relevant rules are contained in CTA 2009, Part 9A. This guidance note deals with the tax treatment of distributions made to companies on or after 1 July 2009. It also considers what is included within the meaning of distributions for this purpose.
The definition of 'distributions' for the purpose of the corporation tax acts is broad. In overview, it includes the following:
CTA 2010, s 1000
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