The Investment Trusts (Dividends) (Optional Treatment as Interest Distributions) (Amendment) Regulations 2011
These Regulations amend the Investment Trusts (Dividends) (Optional Treatment as Interest Distributions) Regulations 2009 (S.I. 2009/2034) (“the 2009 Regulations”) which enable an investment trust or prospective investment trust (i.e. a company that expects to be approved as an investment trust) to treat its dividends as payments of interest rather than as dividends on shares for tax purposes.