Examples of UK Resident in a sentence
They are not intended to be, nor should they be considered to be, legal or tax advice for any particular UK Resident Holder.
Any such credit is given after taking into account the right of the UK Resident Holder to a reduction of any such withholding tax under an applicable income tax convention between the UK and the US or the UK and Australia, as appropriate (as is referred to in the sections headed Material United States Federal Income Tax Considerations for UK Holders above and Material Australian Tax Considerations for Non-residents of Australia below).
Taxation of Dividends For UK tax purposes, the amount of a dividend paid to a UK Resident Holder by Hughes or News Corporation, including any US or Australian withholding tax deducted from such dividends, will be included in gross income as dividend income in the tax year (or in the case of a corporation tax payer, the accounting period) in which the payment is received.
Any chargeable gain for a corporate UK Resident Holder, if not exempt from UK taxation, may be reduced by indexation allowance and allowable capital losses available.
On making an appropriate claim a UK Resident Holder should generally be entitled to a credit against their liability to UK tax in respect of the dividend for any US or Australian tax withheld on a dividend from Hughes or News Corporation respectively.