Commentary

D9.451 Transfer of assets abroad

Corporate tax
Corporate tax | Commentary

D9.451 Transfer of assets abroad

Corporate tax | Commentary

D9.451 Transfer of assets abroad

Amounts accruing to a person not resident and not domiciled in the United Kingdom which would be taxed under the accrued income scheme if the recipient were resident in the United Kingdom are treated for the purposes of ITA 2007, ss 731–735 (see E1.1117–E1.1121) as income that may be deemed to be income of a UK resident. Similarly, reliefs under the accrued income scheme which would have been available to a UK resident may be deemed to be so available1.

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