SCHEDULES

SCHEDULE 20Controlled foreign companies and foreign permanent establishments

PART 3Other amendments

40CTA 2010

In section 1139 (definition of “tax advantage”) in subsection (2) —

a

omit the “or” after paragraph (d), and

b

after paragraph (d) insert—

da

the avoidance or reduction of a charge or assessment to a charge under Part 9A of TIOPA 2010 (controlled foreign companies), or