Income Tax (Trading and Other Income) Act 2005 section 755

Interest on foreign currency securities etc. owned by non-UK residents

Section 755 provides an income tax exemption for interest on certain Treasury-directed foreign currency securities and loans where the beneficial owner or person entitled to repayment is not resident in the UK.

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.