Paragraph 137
(1)
Section 18Q (UK resident insurance companies: profits of foreign permanent establishments) is amended as follows.
(2)
In subsection (1), omit “(as defined in section 431(2) of ICTA)”.
(3)
Omit subsections (2) and (3).
Section 18Q (UK resident insurance companies: profits of foreign permanent establishments) is amended as follows.
In subsection (1), omit “(as defined in section 431(2) of ICTA)”.
Omit subsections (2) and (3).