Income Tax Act 2007 section 735B

Historical liability under section 733A where remittance basis applied

Section 735B deals with how income taxed on a settlor under the transfer of assets abroad rules for the tax years 2017-18 to 2024-25 is treated where the settlor was on the remittance basis during those years, and the tax liability had been shifted from the beneficiary to the settlor under section 733A.