SCHEDULES

SCHEDULE A2Corporation tax: the non-corporate distribution rate: supplementary provisions

Part 1General provisions

Matching: distributions not exceeding basic profits

4

Where in an accounting period the total amount of the distributions made (or treated as made) by a company does not exceed the amount of its basic profits, the amount of the company’s basic profits matched with non-corporate distributions is equal to the total amount of the non-corporate distributions made (or treated as made) by the company in that period.