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Clarity on the tax treatment of dividends? eUpdate
Ministerial Statement on Corporation Tax Treatment of Distributions
The Financial Secretary to the Treasury, Stephen Timms, issued a Written Ministerial Statement on 24 February 2010 about the corporation tax treatment of distributions. The Statement is designed to remove some of the uncertainty produced by the stance taken over recent months by HMRC on distributions paid otherwise than out of normal commercial profit.
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26 February 2010
