Corporation Tax Act 2009 section 933

Charge to tax on dividends of non-UK resident companies

Section 933 establishes how corporation tax applies to dividends received from companies that are not resident in the UK.

• Dividends received from non-UK resident companies are subject to corporation tax.
• Only income dividends are within the charge — capital dividends are explicitly excluded.
• This section replaced the former Schedule D Case V charge on overseas dividends.
• The rules mirror the equivalent income tax provision in section 402 of ITTOIA for consistency across the tax code.