Taxation (International and Other Provisions) Act 2010 (c. 8)

Part 3 U.K. Double taxation relief for special withholding tax

Credit etc for special withholding tax U.K.

141 Credit under Chapter 2 of Part 2 to be allowed first U.K.

(1) Any credit for foreign tax allowed under Chapter 2 of Part 2 against income tax or capital gains tax is to be allowed before effect is given to sections 137 to 140.

(2) In this section “foreign tax” has the same meaning as in that Chapter (see section 21).