# Income Tax (Trading and Other Income) Act 2005, Section 383: Charge to tax on dividends and other distributions


(1) Income tax is charged on dividends and other distributions of a UK resident company.
(2) For income tax purposes such dividends and other distributions are to be treated as income.
(3) For the purposes of subsection (2), it does not matter that those dividends and other distributions are capital apart from that subsection.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/383 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-383
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.