Schedules

Schedule 12 U.K.Pillar Two

Part 3 U.K.Domestic top-up tax

Treatment of qualifying refundable tax credits U.K.

44 (1) In section 272(8), after paragraph (d) insert—

“(da) in section 182(2)(e), after “credits”, in the first place it occurs, there were inserted “other than qualifying refundable tax credits”;”.

(2) In section 273(3) (determining top-up amounts of entity that is not a member of a group), after paragraph (b) insert—

“(ba) in section 182(2)(e), after “credits”, in the first place it occurs, there were inserted “other than qualifying refundable tax credits”;”.