This section has no associated Explanatory Notes
24After section 271 of TCGA 1992 insert—
“Part 7AUK representatives of non-UK residents
CHAPTER 1Treatment of branch or agency as UK representative of non-UK resident
Introduction
271AOverview of Chapter
(1)This Chapter provides for a branch or agency to be treated as the UK representative of a non-UK resident in respect of certain amounts chargeable to capital gains tax.
(2)For obligations and liabilities in relation to capital gains tax imposed on a branch or agency which under this Chapter is treated as the UK representative of a non-UK resident, see Chapter 2.”