
Print Options
PrintThe Whole
Act
PrintThe Whole
Part
PrintThe Whole
Chapter
PrintThis
Section
only
Changes over time for: Section 788


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 01/01/2014
Status:
Point in time view as at 01/04/2010. This version of this provision has been superseded.

Status
You are viewing this legislation item as it stood at a particular point in time. A later version of this or provision, including subsequent changes and effects, supersedes this version.
Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.
Changes to legislation:
Corporation Tax Act 2010, Section 788 is up to date with all changes known to be in force on or before 12 June 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
788Statements about manufactured dividendsU.K.
This section has no associated Explanatory Notes
(1)Subsections (3) to (7) apply to a non-UK resident company within the charge to corporation tax if it pays a manufactured dividend.
(2)But those subsections do not apply so far as the manufactured dividend is representative of a dividend that falls within section 785(1)(a) or (b).
(3)The company must, at the same time as paying the manufactured dividend, give the recipient a statement.
(4)The statement must set out—
(a)the amount of the manufactured dividend paid,
(b)the date of the payment, and
(c)the amount of associated tax credit.
(5)The statement must be in writing.
(6)The amount of associated tax credit is the amount of tax credit to which the recipient, or a person claiming title through or under the recipient—
(a)is entitled in respect of the manufactured dividend as a result of section 784(1) of this Act or section 573(2) of ITA 2007, or
(b)would be so entitled if all the conditions for a tax credit had been met in the case of the deemed dividend and the recipient or that person.
(7)The duty under subsection (3) to give a statement is enforceable by the recipient.
Back to top