# Finance Act 2013, Paragraph 15


In Part 6 of TIOPA 2010 (tax arbitrage), in section 236 (deduction schemes involving hybrid entities) for subsection (4) substitute—
“(4) Condition B is not met just because the party's profits or gains are subject to a charge under the law of a territory outside the United Kingdom (by whatever name known) which is similar to the CFC charge (see Part 9A).”

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Source: https://www.legislation.gov.uk/ukpga/2013/29/schedule/47/paragraph/15 (the official version)
Page: https://openlegislation.uk/finance-act-2013/schedule-47/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.