Section 809EZDA | Sums arising to connected persons other than companies

(1)This section applies in relation to an individual (“A”) if—

(a)a sum arises to a person (“B”) who is connected with A,

(b)B is not a company,

(c)Repealed

(d)Repealed

(e)the sum does not arise to A apart from this section.

(2)The sum referred to in subsection (1)(a) arises to A for the purposes of this Chapter.

(3)Where a sum arises to A by virtue of this section, it arises to A at the time the sum referred to in subsection (1)(a) arises to B.

(4)Section 993 (meaning of “connected”) applies for the purposes of this section, but as if—

(a)subsection (4) of that section were omitted, and

(b)partners in a partnership in which A is also a partner were not “associates” of A for the purposes of sections 450 and 451 of CTA 2010 (“control”).