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Legislation
Capital Gains Tax Act 1979 (repealed 6.3.1992)

Crossheading The foreign element

  • Section 10 Double taxation relief.
  • Section 11 Allowance for foreign tax.
  • Section 12 Non-resident with United Kingdom branch or agency.
  • Section 13 Foreign assets: delayed remittances.
  • Section 14 Foreign assets of person with foreign domicile.
  • Section 15 Non-resident company.
  • Section 16 Non-resident group of companies.
  • Section 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Section 18 Residence etc. and location of assets.
  1. The foreign element
  2. Allowance for foreign tax.

Section 11 | Allowance for foreign tax.

From legislation.gov.uk

Subject to section 10 above, the tax chargeable under the law of any country outside the United Kingdom on the disposal of an asset which is borne by the person making the disposal shall be allowable as a deduction in the computation under Chapter II of Part II of this Act.

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