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IR5.91 and retained profits
by piknmix at 09:07 19/12/03 (News on IR591)
Could any tax changes arising from IR5.91 be applied to retained profits
For several years I have been retaining profits in my company with a view to taking these as future dividends during wind down to retirement. Could proposed legislation e.g. IR5.91 be applied to dividends taken out of these retained profits, or would this be seen as retrospective, and therefore unlawful, taxation.
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piknmix


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