Corporation Tax Act 2010 section 1001

Provisions related to paragraphs A to H in section 1000(1)

Section 1001 provides a navigation guide that maps each category of distribution listed in section 1000(1) to the other provisions that either explain or limit that category.

• Each of the eight categories of distribution (paragraphs A to H in section 1000(1)) has related provisions that either explain and supplement it, or place limits on its scope.
• For example, dividends (paragraph A) are limited by rules on building society payments and certain registered society or co-operative dividends, while other distributions in respect of shares (paragraph B) are supplemented by detailed rules on what counts as repayment of share capital.
• Categories involving securities — such as redeemable share capital (C), securities issued without new consideration (D), non-commercial securities (E), and special securities (F) — each have their own detailed definitional provisions and, in some cases, specific carve-outs such as stock dividends and alternative finance returns.
• The table is not exhaustive but serves as a practical reference tool to help navigate the complex web of distribution provisions across the legislation.