Chapter 2 – Double taxation relief by way of credit (ss 18-104)

Contents

Effect to be given to credit for foreign tax allowed against UK tax (ss 18-20) 3 sections
Interpretation of Chapter (s 21) 1 section
Credits where same income charged to income tax in more than one tax year (ss 22-24) 3 sections
Cases in which credit not allowed (ss 25-27) 3 sections
Exceptions to requirement to be UK resident (ss 28-30) 3 sections
Calculating income or gains in respect of which credit is allowed (ss 31-32) 2 sections
Limits on credit: general rules (ss 33-35) 3 sections
Limit on, and reduction of, credit against income tax (ss 36-39) 4 sections
Limit on credit against capital gains tax (s 40) 1 section
Limit on total credit against income tax and capital gains tax (s 41) 1 section
Limit on credit against corporation tax (ss 42-49B) 10 sections
Calculating tax for purposes of section 42(2) (ss 50-51) 2 sections
Allocation of deductions etc to profits for purposes of section 42 (ss 52-56) 5 sections
Taking account of foreign tax underlying dividends (ss 57-62) 6 sections
Taking account of tax underlying dividends that is not foreign tax (s 63) 1 section
Tax underlying dividend treated as underlying tax paid by dividend's recipient (ss 64-66) 3 sections
Tax underlying dividends: restriction of relief, and particular cases (ss 67-71) 5 sections
Adjustment of foreign tax on profits of overseas permanent establishment (ss 71A-71B) 2 sections
Unrelieved foreign tax on profits of overseas permanent establishment (ss 72-78) 7 sections
Action after adjustment of amount payable by way of UK or foreign tax (ss 79-80) 2 sections
Schemes and arrangements designed to increase relief: anti-avoidance (ss 81-95) 16 sections
Insurance companies (ss 96-104) 10 sections

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