SCHEDULES

SCHEDULE 16 Foreign income dividends

Part IV Other provisions

Interest on tax overpaid

20

1

Section 826 of the Taxes Act 1988 shall be amended as follows.

2

In subsection (1) the following paragraph shall be inserted after paragraph (a)—

aa

a repayment falls to be made under sections 246N and 246Q of advance corporation tax paid by a company in respect of distributions made by it in such an accounting period; or

F13

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