IFM13416 | Offshore Funds: participants in offshore funds: the charge to tax on disposal of an interest in a non-reporting fund: the charge to tax: corporation tax

Regulation 18 of SI 2009/3001: Participants within the charge to corporation tax

Offshore income gains are charged to tax as miscellaneous income under Chapter 8 of Part 10 of CTA 2009, for the accounting period in which the disposal is made (regulation 18(4)).