Taxation (International and Other Provisions) Act 2010 section 95

Interpretation of sections 89 to 94

Section 95 provides definitions and interpretive rules for the terms used throughout sections 89 to 94, which deal with the crediting of foreign tax against UK tax.

• This section serves as a glossary for the group of provisions in sections 89 to 94 concerning foreign tax credit relief.
• It draws together definitions previously scattered across several older provisions, including parts of the Income and Corporation Taxes Act and the Taxation of Chargeable Gains Act.
• The definitions ensure that key terms — such as references to foreign tax, UK tax, and related concepts — are applied consistently when calculating and crediting relief for overseas taxes.
• As amended by Finance Act 2018, the section reflects updated terminology and ensures alignment with changes made to the foreign tax credit rules.