{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-404",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-404.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/404",
  "kind": "section",
  "number": "404",
  "heading": "Person liable",
  "text": "(1) The person liable for any tax charged under this Chapter is the person receiving or entitled to the dividends.\n(2) Subsection (1) is subject to—\nsection 406(4) (later charge where cash dividends retained in SIPs are paid over), and\nsection 407(4) (dividend payment when dividend shares cease to be subject to SIP).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/404",
    "retrieved_at": "2026-10-29T09:16:32.370392+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}