SCHEDULES
SCHEDULE 16Part 2: minor and consequential amendments
PART 3Amendments of other Acts
222Corporation Tax Act 2010
1
Section 791 (treatment of payer of manufactured overseas dividend) is amended as follows.
2
In subsection (6), for the words from “as if” to the end substitute “for the purposes of section 76 of FA 2012 as a deemed BLAGAB management expense for the accounting period in which it is paid.”
3
In subsection (7)—
a
in paragraph (a), for “under section 432A of ICTA” substitute “in accordance with Chapter 4 of Part 2 of FA 2012”, and
b
in paragraph (b), for “under section 432A of ICTA” substitute “in accordance with that Chapter”.