Schedules
Schedule 12Pillar Two
Part 4Minor and technical changes
57Part 4 (domestic top-up tax)
1
In section 271 (election to make one member of a group liable for amounts charged)—
a
in subsection (1) for “responsible” substitute “elected”
,
b
in subsection (2) for “responsible”, in both places it occurs, substitute “elected”
, and
c
in subsection (3) for “responsible” substitute “elected”
.
2
In section 272 (determining top-up amounts of entity that is a member of a group), in subsection (8)(c)(i) for “after subsection (1) there were inserted” substitute “for subsection (1A) there were substituted”
.
3
In section 273 (determining top-up amounts of entity that is not a member of a group), in subsection (4)—
a
in the words before paragraph (a), after “domestic” insert “entity”
,
b
in paragraph (e), for “subsection (2)(c)” substitute “subsection (3)(c)”
,
c
after paragraph (p), insert—
pa
in section 173 (covered taxes), subsection (1)(b);