Finance Act 2003 (c. 14)

Part 7 U.K. Income tax, corporation tax and capital gains tax: general

Taxation of non-resident companies and related matters U.K.

152 Non-resident companies: transactions carried out through broker, investment manager or Lloyd’s agent U.K.

Schedule 26 to this Act contains provisions supplementing—

(a) section 148(3) (meaning of “permanent establishment”: not to include independent agent), F1 ...

F1 (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

as regards transactions carried out through a broker, investment manager or Lloyd’s agent.

Textual Amendments

F1 S. 152(b) and word repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 453, Sch. 3 Pt. 1 (with Sch. 2)