# The Overseas Life Insurance Companies Regulations 2006, Regulation 10: Modifications of the Income and Corporation Taxes Act


After section 434A (computation of losses and limitation on relief) insert—
“Treatment of annuities
434AA. An overseas life insurance company shall not be entitled to treat as paid out of profits or gains brought into charge to income tax any part of the annuities paid by the company which is referable to its life assurance business.”.

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Source: https://www.legislation.gov.uk/uksi/2006/3271/regulation/10 (the official version)
Page: https://openlegislation.uk/overseas-life-insurance-companies-regulations-2006/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.