{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-3G",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-3G.json",
  "legislation": "ukpga/1992/12",
  "legislation_title": "Taxation of Chargeable Gains Act 1992",
  "legislation_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
  "path": "section/3G",
  "kind": "section",
  "number": "3G",
  "heading": "Supplementary provisions",
  "text": "(1) If tax payable by a person (“P”) as a result of section 3 is paid by—\n(a) the company (“C”) to which the gain accrues, or\n(b) a company by reference to which P is regarded as an indirect participator in C,\nthe amount paid is not a payment to P for tax purposes.\n(2) The reference here to tax purposes is to the purposes of income tax, capital gains tax or corporation tax.\n(3) For the purposes of section 3 the amount of a gain or loss accruing to a company is calculated as if the company were a company resident in the United Kingdom chargeable to corporation tax on the gain.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 1 substituted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/section/3G",
    "retrieved_at": "2026-10-29T09:36:15.270072+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."
}