839 Annual payments payable out of relevant foreign income
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

839  Annual payments payable out of relevant foreign income

(1)     In calculating the amount of relevant foreign income to be charged to income tax for a tax year, a deduction is to be allowed for an annual payment other than interest if it meets conditions [A, B1 or B2 and C]

(2)     Condition A is that the payment is payable out

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