Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 20 Controlled foreign companies and foreign permanent establishments

PART 3 Other amendments

FA 2009

33 In paragraph 12—

(a) in sub-paragraph (2) omit paragraph (b) and the “and” before it, and

(b) after sub-paragraph (2) insert—

“(3) The amendments made by this Part have no effect in relation to a qualifying holding company.”