[608K Exemption where business undertaken within territory of residence]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[608K  Exemption where business undertaken within territory of residence]

[(1)     Section 608A does not apply in relation to a person (“the relevant person”) for a tax year if—

(a)     the relevant person is resident in a territory throughout the tax year,

(b)     all (or substantially all) relevant activity in relation to relevant intangible property is, and has at all times been, undertaken in that territory,

(c)     there is no

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