SCHEDULES
SCHEDULE 11Reliefs and reductions for foreign tax
Effect of foreign tax becoming payable
1
1
Paragraph 3 of Schedule 28AB to ICTA (schemes about effect of paying foreign tax) is amended as follows.
2
In sub-paragraph (2)—
a
in paragraph (a), after “paid” insert “
or payable
”
, and
b
in paragraph (b), for “of the payment of that amount of foreign tax on the foreign tax total” substitute “
on the foreign tax total of that amount being so paid or payable
”
.
3
In sub-paragraph (3)(b), for “the payment by the claimant of that amount of foreign tax” substitute “
that amount of foreign tax being paid or payable by the claimant
”
.