SCHEDULES
SCHEDULE 11Reliefs and reductions for foreign tax
Claims etc made before scheme or arrangement made
6
1
In section 86 of TIOPA 2010 (schemes about claims or elections etc)—
a
in subsection (1), omit “under the scheme or arrangement”, and
b
after subsection (3) insert—
3A
Reference in subsection (1) to a step that is taken or not taken by a participant includes one that was taken or not taken by a participant before the scheme or arrangement was made.
3B
The reason for taking or not taking a step does not matter so long as it has the effect mentioned in subsection (1).
2
The amendments made by this paragraph have effect in relation to amounts of foreign tax payable—
a
as regards corporation tax, on or after 1 April 2010, and
b
as regards income tax or capital gains tax, on or after 6 April 2010.