Section 269 Territorial scope of charge to tax
United Kingdom
(1)
Profits of a UK property business are chargeable to tax under this Chapter whether the business is carried on by a UK resident or a non-UK resident.
(2)
Profits of an overseas property business are chargeable to tax under this Chapter only if the business is carried on by a UK resident.
F1(3)
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F2(4)
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Annotations
Textual amendments
- F1
S. 269(3) omitted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 48
- F2
S. 269(4) omitted (with effect in accordance with Sch. 7 para. 81 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 48