Code of practice and Dividend cleaning company: Difference between pages

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1.
'' UK Tax. ''


Relevant published and authoritative guidance not having direct legal effect.
A UK company which is used solely to hold overseas investments and to manage the flow of dividends with their associated foreign tax credits from overseas.  The structure is used to avoid wasting double tax relief.


Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.
== See also ==
 
* [[Dividends]]
Sometimes known as codes of conduct.
* [[Double taxation relief]]
 
 
2. ''Pensions''.
 
In the pensions context Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.
 
 
==See also==
* [[ACT Ethical Code]]
* [[Code]]
* [[Code of conduct]]
* [[Ethics]]
* [[Good practice]]
* [[Guidance]]
* [[Technical provisions]]
* [[Pensions Regulator]]
* [[UK Corporate Governance Code]]
 
[[Category:Ethics_and_corporate_governance]]

Revision as of 20:45, 11 August 2013

UK Tax.

A UK company which is used solely to hold overseas investments and to manage the flow of dividends with their associated foreign tax credits from overseas. The structure is used to avoid wasting double tax relief.

See also

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