SCHEDULES
SCHEDULE 8Minor and consequential amendments
Part 13General
Finance Act 1998 (c. 36)
321
1
Amend Schedule 18 (company tax returns etc) as follows.
2
In paragraph 25(1)
(scope of enquiries) for the words from “a transfer pricing notice” to “arbitrage)” substitute “
a notice within sub-paragraph (3)
”
.
3
In paragraph 25 after sub-paragraph (2) insert—
3
A notice is within this sub-paragraph if it is—
a
a notice under section 184G or 184H of the Taxation of Chargeable Gains Act 1992 (avoidance involving capital losses),
b
a notice under section 81(2) of TIOPA 2010 (schemes and arrangements designed to increase relief),
c
a transfer pricing notice under section 168(1) of TIOPA 2010 (provision not at arm's length: medium-sized enterprise), or
d
a notice under section 232 or 249 of TIOPA 2010 (avoidance involving tax arbitrage).
4
In paragraph 42(2A)
(disapplication of restrictions on power to make discovery assessment or determination) for the words after “return, a notice” substitute “
within sub-paragraph (4).
”
5
In paragraph 42 after sub-paragraph (3) insert—
4
A notice is within this sub-paragraph if it is—
a
a notice under section 184G or 184H of the Taxation of Chargeable Gains Act 1992 (avoidance involving capital losses),
b
a notice under section 81(2) of TIOPA 2010 (schemes and arrangements designed to increase relief), or
c
a notice under section 232 or 249 of TIOPA 2010 (avoidance involving tax arbitrage).
6
After paragraph 97 insert—
Meaning of TIOPA 2010
97A
In this Schedule “TIOPA 2010” means the Taxation (International and Other Provisions) Act 2010.
7
In the list in paragraph 98 after the entry for “tax payable” insert—
TIOPA 2010
paragraph 97A