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Home / Simons-Taxes /Personal and employment tax /Part E1 Income tax /Division E1.15 Accrued income scheme /Accrued income scheme—general / E1.1504 Accrued income scheme—transfers with unrealised interest
Commentary

E1.1504 Accrued income scheme—transfers with unrealised interest

Personal and employment tax

Special rules apply where securities are transferred with the right to receive a particular payment of interest, but the interest is due before settlement day. This can happen where bearer securities are issued with separate coupons and the transferor has

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