Taxation (International and Other Provisions) Act 2010 Explanatory Notes

Section 835M: The independent investment manager conditions

1215.This section sets out the conditions to be met if, in accordance with section 835I, an investment manager in the United Kingdom is not to be the UK representative of a non-UK resident in relation to an investment transaction carried out on behalf of the non-UK resident by the investment manager. It is based on section 127(3) and (18) of FA 1995.

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