SCHEDULES

SCHEDULE 14 U.K.Corporation tax treatment of company distributions

Part 2 U.K.Other amendments

ICTA U.K.

13 U.K.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”.