SCHEDULES

SCHEDULE 4 Avoidance involving profit fragmentation arrangements

Commencement

12 This Schedule has effect—

(a) for income tax purposes, in relation to any value transferred on or after 6 April 2019 as a result of a material provision, and

(b) for corporation tax purposes, in relation to any value transferred on or after 1 April 2019 as a result of a material provision.