Finance Act 2016 (c. 24)

SCHEDULES

SCHEDULE 19 U.K. Large businesses: tax strategies and sanctions

PART 2 U.K. Publication of tax strategies

Qualifying partnerships: duty to publish a partnership tax strategy U.K.

25 (1) Paragraphs 22 to 24 apply in relation to a UK partnership which is (in any financial year of the partnership) a qualifying partnership as they apply to a UK company which is (in any financial year of the company) a qualifying company. U.K.

(2) Those paragraphs have effect in their application to a qualifying partnership—

(a) with the omission of paragraph 22(3) and (8),

(b) as if for “company tax strategy” (in each place) there were substituted “ partnership tax strategy ”, and

(c) as if for “company” and “company's” (in each place) there were substituted respectively “ partnership ” and “partnership's”.