Examples of CTA 2009 in a sentence
In broad terms, the portion treated as being ‘franked’ will be such proportion of the Scheme’s total income (brought into account when determining the distribution for the period in question) which consists of dividend income received which is treated as exempt under Part 9A of CTA 2009.
In broad terms, the portion treated as being ‘franked’ will be such proportion of the Company’s total income (brought into account when determining the distribution for the period in question) which consists of dividend income received which is treated as exempt under Part 9A of CTA 2009.
In December 2016, KEFI Minerals (Ethiopia) Limited elected under CTA 2009 section 18A to make exemption adjustments in respect of the Company’s foreign permanent establishment’s amounts in arriving at the Company’s taxable total profits for each relevant accounting period.
Legislation in Part 9A Corporation Tax Act 2009 ("CTA 2009") means that dividends and other income distributions received by a company within the charge to U.K. corporation tax will be exempt from U.K. corporation tax provided that the dividends and distributions fall within one or more classes which qualify for exemption and are not subject to specific anti-avoidance rules.
The Fund is a company with investment business as defined in Section 1218 CTA 2009.