# Corporation Tax Act 2010, Section 554A: Meaning of “distribution”


(1) In this Chapter, references (however expressed) to a distribution include share capital issued in lieu of a cash dividend.
(2) Section 1051(2) to (4) (meaning of “share capital issued in lieu of a cash dividend”) applies for the purposes of this section as it applies for the purposes of section 1049(1)(a).

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/554A (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-554A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.