# Income Tax (Trading and Other Income) Act 2005, Paragraph 603


In section 502(4)(a) (meaning of “capital receipt” in section 501) at the end insert “ or section 770 of ITTOIA 2005 (exemption for amounts applied by SIP trustees acquiring dividend shares or retained for reinvestment) ”.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/1/paragraph/603 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-1/paragraph-603
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.