Paragraph 5 F1
United Kingdom
For this purpose the trustees shall not be regarded as F4resident ... in the United Kingdom at any time when they fall to be regarded for the purposes of any double taxation relief arrangements as resident in a territory outside the United Kingdom.
This paragraph has effect subject to paragraph 13(3)(b) where the beginning of the disposal and its effective completion fall in different years of assessment.
Annotations
Textual amendments
- F1
Sch. 4A inserted (with application in accordance with s. 91(3) of the amending Act) by Finance Act 2000 (c. 17), s. 91(2), Sch. 24
- F2
Words in Sch. 4A para. 5(1) substituted (6.4.2007) by Finance Act 2006 (c. 25), Sch. 12 paras. 39, 41
- F3
Words in Sch. 4A para. 5(1)(2) omitted (with effect in accordance with Sch. 46 para. 112 of the amending Act) by virtue of Finance Act 2013 (c. 29), Sch. 46 para. 106(2)
- F4
Words in Sch. 4A para. 5(2) substituted (with effect in accordance with Sch. 12 para. 34(3) of the amending Act) by Finance Act 2006 (c. 25), Sch. 12 para. 34(1)(2)(e)