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

Section 586: Person liable for tax under section 583

2282.This section states who is liable for any tax charged under section 583. It is based on section 531 of ICTA. The specific rules in section 531 of ICTA override the general “person chargeable” rule for Schedule D in section 59(1) of ICTA.

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