# Finance Act 2004, Section 244AA: Overseas transfer charge: introduction


A charge to income tax, to be known as the overseas transfer charge, arises under the following sections—
(a) section 244AC (overseas transfer charge: transfers where no exclusion applies);
(b) section 244IA (overseas transfer charge: transfers exceeding available allowance).

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Source: https://www.legislation.gov.uk/ukpga/2004/12/section/244AA (the official version)
Page: https://openlegislation.uk/finance-act-2004/section-244AA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.