# Income and Corporation Taxes Act 1988, Paragraph 9B

Extent: E+W+S+N.I.

The following section shall be treated as inserted after section 434A—
“ Treatment of annuities.
434AA An overseas life insurance company shall not be entitled to treat as paid out of profits or gains brought into charge to income tax any part of the annuities paid by the company which is referable to its life assurance business.”

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/19AC/paragraph/9B (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-19AC/paragraph-9B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.