SCHEDULES

SCHEDULE 1 U.K.Minor and consequential amendments

Part 1 U.K.Income and Corporation Taxes Act 1988

125 U.K.After section 576D insert—

“576E The qualifying subsidiaries requirement

(1) The qualifying subsidiaries requirement is that any subsidiary that the company has must be a qualifying subsidiary of the company.

(2) In this section “qualifying subsidiary” is to be read in accordance with section 191 of ITA 2007.”