Part 15

Deduction of income tax at source
Chapter 3

Deduction from certain payments of yearly interest

Exceptions from duty to deduct

Quoted Eurobond interest
882
The duty to deduct a sum representing income tax under section 874 does not apply to a payment of interest on a quoted Eurobond (see section 987).
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)