SCHEDULES
SCHEDULE 8Corporation tax exit charges
PART 1CT exit charge payment plans
5
1
Paragraph 10 (contents of plan) is amended as follows.
2
In subparagraph (1)(b) before “EEA state” insert “relevant”.
3
After subparagraph (2) insert—
2A
In either case a CT exit charge payment plan entered into by a company must specify requirements as to the ongoing provision of information by the company to Her Majesty’s Revenue and Customs in relation to the exit charge assets and liabilities.
4
In subparagraph (3) for paragraph (c) substitute—
c
the amount of ECPP tax attributable to each exit charge asset or liability.
5
Omit subparagraphs (4) and (5).