2U.K.After section 75 insert—
“Increased rates for non-resident transactionsU.K.
75ZAIncreased rates for non-resident transactions
(1)In its application for the purpose of determining the amount of tax chargeable in respect of a chargeable transaction that is a non-resident transaction, this Part has effect as if 2% were added to each rate specified in the rate-specifying provisions.
(2)The “rate-specifying provisions” are—
(a)in section 55(1B), Table A;
(b)in Schedule 4ZA, in paragraph 1(2), Table A;
(c)in Schedule 4A, paragraph 3(1)(a);
(d)in Schedule 5, in paragraph 2(3), Table A;
(e)in Schedule 6ZA, in paragraph 4, Table A;
(f)in section 74(1A), Step 4.
(3)Schedule 9A defines “non-resident transaction” and makes further provision in connection with this section.
Anti-avoidance ”.