{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-708",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-708.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/1/paragraph/708",
  "kind": "paragraph",
  "number": "708",
  "heading": null,
  "text": "In section 904 (annual payments for dividends or non-taxable consideration) for subsection (2) substitute—\n“(2) The payment must be—\n(a) a payment charged to income tax under Part 5 of ITTOIA 2005 (miscellaneous income), or\n(b) a payment which is—\n(i) required to be brought into account under Part 5 of CTA 2009 (loan relationships) as a non-trading credit, or\n(ii) from a source in the United Kingdom and chargeable to corporation tax under Chapter 5 of Part 10 of that Act (distributions from unauthorised unit trusts) or Chapter 7 of that Part (annual payments not otherwise charged).”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/708",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}