INTM164400 - UK residents with foreign income or gains: dividends
Determination of rates of foreign underlying tax - general
Where underlying tax is to be taken into account for tax credit
purposes, the rate of foreign tax on the foreign dividend should be
ascertained in accordance with the guidance at
INTM164440 onwards.
For further detail see:
| INTM161120 | Foreign tax credit relief: basic rules – exceptions to the source rule |
| INTM164060 | Dividends: direct investors – underlying tax |
| INTM164360 | Dividends: unilateral relief – underlying tax |
| INTM167370 | Corporation tax: dividends – underlying tax |
Where relief is due for direct tax only see INTM162060 for evidence required of the foreign tax paid.
