Taxes Consolidation Act 1997 section 150

Tax credit for recipients of certain distributions

Section 150 sets out the application rules for a tax credit available to recipients of distributions which arise solely because certain securities have been reclassified as distributions under specific anti-avoidance categories within section 130(2)(d).

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.