Part 13Tax avoidance
Chapter 2Transfer of assets abroad
Charge where benefit received
731Charge to tax on income treated as arising under section 732
(1)
Income tax is charged on income treated as arising to an individual under section 732 (F1non-transferors receiving a benefit as a result of relevant transactions).
F2(1A)
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F2(1B)
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F2(1C)
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(2)
Tax is charged under this section on the amount of income treated as arising for the tax year.
F3(2A)
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(3)
The person liable for any tax charged under this section is the individual to whom the income is treated as arising F4...