Taxation (International and Other Provisions) Act 2010 (c. 8)

SCHEDULES

[F1 SCHEDULE 7A U.K. Interest restriction returns

Textual Amendments

F1 Sch. 7A inserted (with effect in accordance with Sch. 5 para. 25(1)(2) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 2 (with Sch. 5 para. 28)

PART 7 U.K. Information powers exercisable by officers of Revenue and Customs

References to checking an interest restriction return etc U.K.

67 (1) For the purposes of this Part of this Schedule references to checking an interest restriction return include— U.K.

(a) determining whether or not an interest restriction return should be submitted for a period of account of a worldwide group,

(b) determining whether or not a worldwide group is, or may be, subject to interest restrictions in a period of account, (and, if so, determining the total disallowed amount of the group),

(c) determining the membership of a worldwide group (or determining the members that are UK group companies), and

(d) determining any other question that is relevant to the operation of this Part of this Schedule in relation to an interest restriction return or anything required to be included in it.

(2) For the purposes of this Part of this Schedule references to a worldwide group include one that an officer of Revenue and Customs suspects may exist.]