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StatuteCorporation Tax Act 2010

Section 554A — Corporation Tax Act 2010: Meaning of “distribution”

Text of the provision Official document

Meaning of “distribution” 554A 1 In this Chapter, references (however expressed) to a distribution include share capital issued in lieu of a cash dividend.

2 Section 1051(2) to (4) (meaning of “share capital issued in lieu of a cash dividend”) applies for the purposes of this section as it applies for the purposes of section 1049(1)(a).

Official source: legislation.gov.uk

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