Corporation Tax Act 2010 section 814A

Overview of Part

Section 814A provides an overview of Part 17A, explaining that it deals with how the Corporation Tax Acts apply to manufactured dividend relationships and payments that represent dividends.

• Part 17A governs how corporation tax rules apply to manufactured dividends and similar payments
• A manufactured dividend arises where someone who has borrowed or sold shares passes on a payment equivalent to the dividend to the original holder
• These payments are treated differently from actual dividends for corporation tax purposes
• The section serves as an introductory signpost to the detailed rules that follow in the rest of Part 17A