Section 1049 Receivers appointed by court
|
(1) A receiver appointed by any court in the State which has the direction and control of any property in respect of which income tax or, as the case may be, corporation tax is charged in accordance with the Tax Acts shall be assessable and chargeable with income tax or, as the case may be, corporation tax in the like manner and to the like amount as would be assessed and charged if the property were not under the direction and control of the court.
In what manner am I chargeable to tax in respect of property under my direction as a receiver appointed by the court?
(1) As a receiver appointed by the court over any property, you are chargeable to income tax (or where necessary, corporation tax) as if the property were not under control of the court.
(2) Every such receiver shall be answerable for doing all matters and things required to be done under the Tax Acts for the purpose of assessment and payment of income tax or, as the case may be, corporation tax.
