Finance Act 2016 (c. 24)

SCHEDULES

SCHEDULE 1 Abolition of dividend tax credits etc

Further amendments in ITTOIA 2005

20 In section 651 (meaning of “UK estate” and “foreign estate”)—

(a) in subsection (4), for “680(3) or (4) (sums” substitute “664(2)(c) or (d) or 680(4) (sums not liable to tax and sums”, and

(b) in subsection (5), for “680(3) or (4)” substitute “664(2)(c) or (d) or 680(4)”.