# Income Tax Act 2007, Section 888B: Designated dividends of investment trusts


The duty to deduct a sum representing income tax under section 874 does not apply to a dividend so far as it is treated as a payment of yearly interest by regulations under section 45 of FA 2009 (dividends designated by investment trust or prospective investment trust).

---
Source: https://www.legislation.gov.uk/ukpga/2007/3/section/888B (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-888B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.