Part 4Savings and investment income

Chapter 4Dividends from non-UK resident companies

Charge to tax on dividends from non-UK resident companies

404Person liable

(1)

The person liable for any tax charged under this Chapter is the person receiving or entitled to the dividends.

(2)

Subsection (1) is subject to—

  • section 406(4) (later charge where cash dividends retained in SIPs are paid over), and

  • section 407(4) (dividend payment when dividend shares cease to be subject to SIP).