SCHEDULES
SCHEDULE 1Abolition of dividend tax credits etc
Other amendments
68
1
TIOPA 2010 is amended as follows.
2
In section 6(2) (effect of double taxation arrangements)—
a
after paragraph (e) insert “
or
”
, and
b
omit paragraph (g) (tax credits), and the “or” preceding it.
3
In section 187A (excess interest treated as a qualifying distribution), in subsection (2), and the heading, omit “qualifying”.
4
Omit section 234(2) (“relief” includes tax credit).
5
In Schedule 8 (minor and consequential amendments) omit paragraphs 38, 51, 52, 66 and 67.