{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-968",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-968.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/968",
  "kind": "section",
  "number": "968",
  "heading": "Deductions from payments received by non-UK resident companies",
  "text": "(1) Subsection (2) applies if—\n(a) a non-UK resident company receives a payment on which it bears income tax by deduction, and\n(b) the payment forms part of, or is to be taken into account in calculating, the company's income chargeable to corporation tax.\n(2) The income tax on the payment is to be set off against any corporation tax assessable on that income for the accounting period in which the payment falls to be taken into account for corporation tax.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "C",
      "label": "C1",
      "text": "Ss. 967, 968 excluded by 2007 c. 3, s. 917A(3) (as inserted (with effect in accordance with s. 41(2) of the amending Act) by Finance Act 2016 (c. 24), s. 41(1))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/968",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}