487 Non-UK resident trustees
Income Tax Act 2007 (2007 c 3) | Legislation

487  Non-UK resident trustees

(1)     This section applies if a proportion of the income arising to the trustees in the current tax year is untaxed income.

(2)     A proportion of the allowable expenses is excluded for the purposes of section 486.

(3)     That proportion is the same as the proportion of the income

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