467 Person liable: UK resident trustees
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

467  Person liable: UK resident trustees

(1)     Trustees are liable for tax under this Chapter if immediately before the chargeable event in question occurs they are UK resident and condition A, B, C or D is met.

[(1A)     If trustees are liable for tax under this Chapter, the gain is treated for income tax purposes as income of the trustees.]

(2)     Condition A is that

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