SCHEDULE 3AMENDMENTS TO FA 2002

PART 1AMENDMENTS TO SCHEDULE 26 TO FA 2002

5

1

Paragraph 30D21 (cross-border transfer of business within European Community) is amended as follows.

2

In sub-paragraph (1) for paragraph (d) substitute—

d

the transferee—

i

is resident in the United Kingdom immediately after the transfer, or

ii

is within the charge to corporation tax immediately after the transfer in accordance with section 11 of the Taxes Act 1988.

3

Omit sub-paragraph (5).

4

In sub-paragraph (6)—

a

after “determining” insert “the”, and

b

for “Chapter” substitute “Schedule”.