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Home / Simons-Taxes /Corporate tax /Part D7 Financial service sectors /Division D7.7 Banking companies /Special situations and banks / D7.726 Sale of foreign dividend coupons
Commentary

D7.726 Sale of foreign dividend coupons

Corporate tax

Income treated as arising from the following relevant transactions in dividend coupons that represent foreign holdings is charged to corporation tax1.

Dividend coupons are coupons for dividends in respect of foreign holdings and include warrants and bills of exchange2. Foreign holdings are shares outside the UK that are issued by or on behalf of a

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