Taxation of certain entities - Portfolio investment entities
HL 1: Intended effect on portfolio tax rate entities and investors
You could also call this:
“Former rules about portfolio tax rate entities and investors no longer apply”
This section of the law has been removed. It used to talk about how the law would affect portfolio tax rate entities and investors. However, since 1 April 2010, this part no longer applies. The government took it out of the Income Tax Act 2007 when they made changes to international taxation, life insurance, and fixed some other things in the law.
“This section explains how the law for taxing certain businesses has changed”
Part H
Taxation of certain entities
Portfolio investment entities
HL 1Intended effect on portfolio tax rate entities and investors (Repealed)
Notes
Section HL 1: repealed, on (applying for the 2010–11 and later income years), by section 292(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).
