SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Income Tax (Trading and Other Income) Act 2005 (c. 5)
563
In section 678 (relief where UK income tax borne by foreign estate: limited and discretionary interests) after subsection (2) insert—
3
The tax reduction under this section is given effect at Step 6 of the calculation in section 23 of ITA 2007.