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The Double Taxation Relief (Surrender of Relievable Tax Within a Group) (Amendment) Regulations 2001

S.I. 2001/3873 · Made 4 December 2001

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INCOME TAX

Made 4th December 2001

Laid before the House of Commons 4th December 2001

Coming into force 5th December 2001

The Commissioners of Inland Revenue, in exercise of the powers conferred upon them by section 806H of the Income and Corporation Taxes Act 1988f1, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1988 c. 1. Section 806H was inserted by paragraph 21(1) of Schedule 30 to the Finance Act 2000 (c. 17).

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Double Taxation Relief (Surrender of Relievable Tax Within a Group) (Amendment) Regulations 2001 and shall come into force on 5th December 2001.

2Amendment of the Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001

In regulation 10(2) of the Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001f1, omit “404,”.

Signature

Nick Montagu

Dave Hartnett

Two of the Commissioners of Inland Revenue

4th December 2001

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the Double Taxation Relief (Surrender of Relievable Tax Within A Group) Regulations 2001 (S.I. 2001/1163) by removing the rule that prevents a dual resident company from surrendering eligible unrelieved foreign tax. A dual resident company is one that in any accounting period is both resident in the United Kingdom and also within a charge to tax under the laws of a territory outside the United Kingdom.