Commentary

E1.416B Distributions from non-UK resident companies in a winding-up

Personal and employment tax

E1.416B Distributions from non-UK resident companies in a winding-up

E1.416B Distributions from non-UK resident companies in a winding-up

An anti-avoidance provision similar to those applying to UK resident companies (see E1.413) apply to distributions to individuals from a non-UK resident company in a winding-up1. Where the legislation applies, such distributions are treated as distributions chargeable to income tax.

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