Corporation Tax Act 2009 section 931H

Distributions derived from transactions not designed to reduce tax

Section 931H provides a corporation tax exemption for dividends and other distributions that are paid out of profits not tainted by tax avoidance transactions, and explains how distributions are allocated between tainted and untainted profits.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.