Part 3Property income
Chapter 3Profits of property businesses: basic rules
Charge to tax on profits of a property business
269Territorial scope of charge to tax
1
Profits of a UK property business are chargeable to tax under this Chapter whether the business is carried on by a UK resident or a non-UK resident.
2
Profits of an overseas property business are chargeable to tax under this Chapter only if the business is carried on by a UK resident.
F13
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F24
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