SCHEDULES

SCHEDULE 19Large businesses: tax strategies and sanctions

PART 2Publication of tax strategies

Qualifying partnerships: duty to publish a partnership tax strategy

25

1

Paragraphs 22 to 24 apply in relation to a UK partnership which is (in any financial year of the partnership) a qualifying partnership as they apply to a UK company which is (in any financial year of the company) a qualifying company.

2

Those paragraphs have effect in their application to a qualifying partnership—

a

with the omission of paragraph 22(3) and (8),

b

as if for “company tax strategy” (in each place) there were substituted “ partnership tax strategy ”, and

c

as if for “company” and “company's” (in each place) there were substituted respectively “ partnership ” and “partnership's”.