Income Tax (Trading and Other Income) Act 2005 Explanatory Notes

Section 620: Meaning of “settlement” and “settlor”

2391.This section explains the meaning of “settlement” and “settlor” for the purposes of this Chapter. It is placed in this part of the Chapter to help the reader by giving an early indication of the nature of the charge under this Chapter. It is based on sections 660G and 677 of ICTA.

Back to top