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CX 63: Dividends derived after company ceased to be look-through company
or “Dividend exclusions after company stops being look-through”
You could also call this:

“Money from financial instruments that may be tax-free”

You might receive money or other benefits from a financial instrument. If this happens, the law says that sometimes this money or benefit doesn’t count as income that you need to pay tax on. This is called ‘excluded income’. The law that decides if your money from a financial instrument is excluded income is in a part of the tax rules called subpart FH. This part of the law deals with complicated situations where money or tax deductions might be treated differently in different countries.

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or “Special rules for certain employee shares received before 2016 or during a transition period”
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Part C Income
Excluded income: Definitions

CX 64Income from financial instrument

  1. An amount is excluded income if it is treated as excluded income under subpart FH (Hybrid and branch mismatches of deductions and income from multi-jurisdictional arrangements).

Notes
  • Section CX 64: inserted, on , by section 8(1) (and see section 8(2) for application) of the Taxation (Neutralising Base Erosion and Profit Shifting) Act 2018 (2018 No 16).