633 Capital sums paid to settlor by trustees of settlement
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Capital sums treated as income of settlor: trustees' payments

633  Capital sums paid to settlor by trustees of settlement

(1)     Any capital sum paid directly or indirectly in any tax year by the trustees of a settlement to the settlor is treated for income tax purposes as follows.

(2)     The sum is treated as the income of the settlor for the tax year so far as the amount of the sum

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