SCHEDULES

SCHEDULE 16 U.K.Recovery of unpaid diverted profits tax due from non-UK resident company

PART 2 U.K.Recovery of diverted profits tax from related companies

Meaning of “the relevant period” U.K.

3 U.K.In this Part of this Schedule “the relevant period”, in relation to an amount of unpaid diverted profits tax for an accounting period of the taxpayer company, means the period—

(a) beginning 12 months before the start of the accounting period, and

(b) ending when the unpaid tax became payable.