Part II Income Tax, Corporation Tax and Capital Gains Tax

Chapter I General

International

67 Dual resident companies: controlled foreign companies.

F1(1)

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F1(2)

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(3)

In Schedule 25 to that Act—

(a)

paragraphs 2(1)(c) and 4(1)(c) shall be omitted,

F2(b)

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F2(c)

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(4)

Subsections (1) and (2) above shall apply on and after 20th March 1990 and subsection (3) above shall apply to dividends paid on or after that date.