SCHEDULES

SCHEDULE 12Tax credit for certain foreign distributions

Part 2Consequential provision

ITA 2007

29

1

Section 594 (no tax credits for original owner under repo) is amended as follows.

2

In subsection (1)—

F2a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

in paragraph (b), omit “UK”,

c

in paragraph (d)—

F3i

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ii

omit “UK”, and

F4d

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .