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Home / Simons-Taxes /Corporate tax /Part D8 Investment schemes /Division D8.1 Collective investment schemes /Authorised investment funds / D8.115 Income allocation
Commentary

D8.115 Income allocation

Corporate tax

The total amount available for income allocation must be shown as available for distribution to the participants either as yearly interest (see D8.116) or as dividends (see D8.117)1. (Note this requirement is specifically excluded in relation to property authorised investment funds (D8.130) or tax elected funds

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