SCHEDULES
SCHEDULE 14Corporation tax treatment of company distributions
Part 2Other amendments
ICTA
13
In paragraph 5(3)(c) of Schedule 27 (distributing funds: United Kingdom equivalent profits)—
a
for “section 1285” substitute “
Chapter 2 or 3 of Part 9A
”
, and
b
omit “in like manner as if they were dividends or distributions of a company resident outside the United Kingdom”.