Policy paper
Double taxation relief claims: time limit
This measure prevents certain new claims to double taxation relief where those claims only relate to deemed amounts of overseas tax.
Documents
Details
This measure comes into effect on 20 July 2022. The relevant legislation will be included in Spring Finance Bill 2023.
The measure prevents certain new claims to Double Taxation Relief when those claims only related to deemed amounts of foreign tax.
The measure is only relevant to foreign distributions received by UK companies before the introduction of distribution exemption in 2009.