Income Tax Act 2007 (c. 3)

SCHEDULES

SCHEDULE 1 U.K. Minor and consequential amendments

Part 1 U.K. Income and Corporation Taxes Act 1988

161 (1) Amend section 709 (meaning of “tax advantage” and other expressions) as follows. U.K.

(2) In subsection (1) for “tax”, in each place where it occurs, substitute “ corporation tax ”.

(3) In subsection (4)(a) for “he”, in both places where it occurs, substitute “ the recipient ”.

(4) In subsection (6)(a)—

(a) for “he”, in both places where it occurs, substitute “ the recipient ”, and

(b) for “him” substitute “ the recipient ”.

(5) In the sidenote for “ “tax advantage”” substitute “corporation tax advantage” .