SCHEDULES
SCHEDULE 3Trading and property allowances
PART 2Consequential amendments
TIOPA 2010
12
In TIOPA 2010—
a
in section 22(8) (credit for foreign tax on overlap profit if credit for that tax already allowed), in the definition of “overlap profit”, for “section 204” substitute “
sections 204 and 204A
”
, and
b
in section 24(8) (claw-back of relief under section 22(2)), in the definition of “overlap profit”, for “section 204” substitute “
sections 204 and 204A
”
.