# Income Tax Act 2007, Section 888D: Interest distribution of certain authorised unit trusts


The duty to deduct a sum representing income tax under section 874 does not apply to a payment of yearly interest under section 376 of ITTOIA 2005 (in the case of certain authorised unit trusts, payments of yearly interest treated as made where distributable amount shown in accounts as yearly interest).

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