Corporation Tax Act 2009 section 967

Statements relating to estate income

Section 967 gives a company that has an interest in a deceased person's estate the right to request a written statement from the personal representative showing the estate income chargeable to corporation tax and the tax treated as already borne on that income.

• A company with an absolute, limited or discretionary interest in the residue of a deceased person's estate may request information from the personal representative.
• The personal representative must, on written request, provide a written statement showing the amount of estate income arising to the company that is liable to corporation tax for the relevant accounting period.
• The statement must also show the amount of tax at the applicable rate that the estate income is treated as having borne.
• The company that made the request has the legal right to enforce the personal representative's duty to provide the statement.