22U.K.In section 534 (REITs: profits), after subsection (2) insert—
“(3)Profits which—
(a)arise from the residual business of a UK company which is, or is a member of, a UK REIT, and
(b)are charged to corporation tax,
are to be charged at a rate determined without reference to sections 18A and 18B (companies with small profits).”