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The European Single Currency (Taxes) (Amendment) Regulations 2008

S.I. 2008/2647 · Made 7 October 2008

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.

Corporation Tax

Made 7th October 2008

Laid before the House of Commons 7th October 2008

Coming into force 28th October 2008

The Treasury make the following Regulations in exercise of the powers conferred by section 163 of the Finance Act 1998f1.

Annotations to the whole text

Footnotes

f1

1998 c. 36; section 163 was amended by Part 3(11) of Schedule 40 to the Finance Act 2002 (c. 23) and by paragraph 10 of Schedule 2 to the Commissioners for Revenue and Customs Act 2005 (c. 11).

Contents

  1. 1Citation and Commencement
  2. 2Amendment of the European Single Currency (Taxes) Regulations 1998
  3. Signature
  4. Explanatory note

1Citation and Commencement

These Regulations may be cited as the European Single Currency (Taxes) (Amendment) Regulations 2008 and come into force on 28th October 2008.

2Amendment of the European Single Currency (Taxes) Regulations 1998

In regulation 6(1)(b) of the European Single Currency (Taxes) Regulations 1998f1 substitute “under the I minus E basis” for “otherwise than under Case I of Schedule D”.

Signature

Steve McCabe

Dave Watts

Two of the Lords Commissioners of Her Majesty’s Treasury

7th October 2008

Explanatory note

(This note is not part of the Regulations)

These Regulations amend regulation 6(1)(b) of the European Single Currency (Taxes) Regulations 1998 to make the terminology consistent with that used in primary legislation relating to the taxation of life assurance companies.

A full and final Impact Assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.