# Corporation Tax Act 2009, Section 931I: Dividends in respect of shares accounted for as liabilities


A dividend falls into an exempt class if the dividend is paid in respect of a share to which, at the time of the payment, section 521C (shares accounted for as liabilities treated as loan relationships) does not apply only because the condition in subsection (1)(f) of that section is not met.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/931I (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-931I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.