Finance (No. 2) Act 2017 (c. 32)

SCHEDULES

SCHEDULE 3 U.K. Trading and property allowances

PART 2 U.K. Consequential amendments

TIOPA 2010 U.K.

12 U.K. 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 ”.