SCHEDULES

SCHEDULE 8Minor and consequential amendments

Part 1Double taxation relief

Income and Corporation Taxes Act 1988 (c. 1)

25

1

Amend section 806J (interpretation of sections 806A to 806J) as follows.

2

In subsection (5)(b) for “subsection (6)(b) of section 790” substitute “ section 15 or 16 of TIOPA 2010 ”.

3

In subsection (5) for “subsection (10) of that section” substitute “ section 12(3) of TIOPA 2010 ”.

4

For subsection (6) substitute—

6

For the purposes of the foreign dividend provisions of this Chapter a company is related to another company if that other company—

a

controls directly or indirectly, or

b

is a subsidiary of a company which controls directly or indirectly,

at least 10% of the voting power in the first-mentioned company.

5

In subsection (7) in the definition of “the mixer cap” for “section 799(1)” substitute “ Step 6 in section 58(1) of TIOPA 2010 ”.