Schedules

Schedule 14Administration of multinational top-up tax

Part 6Enquiries into a self-assessment return

19

1

If at a time when an enquiry is in progress into a return an officer of Revenue and Customs forms the opinion—

a

that an amount stated in the return as the amount of multinational top-up tax payable by a member of the group is insufficient, and

b

that unless the assessment in the return is immediately amended there is likely to be a loss of tax to the Crown,

the officer may by notice in writing to the filing member amend the assessment to make good the deficiency.

2

In the case of an enquiry that under paragraph 17(2) is limited to matters arising from an amendment of the return, sub-paragraph (1) applies only so far as the deficiency is attributable to the amendment.

3

In the case of an enquiry in relation to which one or more partial closure notices have been given, sub-paragraph (1) applies only so far as the deficiency is attributable to matters not addressed by those notices.