{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-4/paragraph-7.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/4/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Consequential amendments: IIR and qualifying undertaxed profits tax",
  "text": "(1) In section 128 (responsible members)—\n(a) in subsection (7)(b)(i), after “equivalent to” insert “the IIR provisions of”, and\n(b) after subsection (7) insert—\n“(8) In this section the “IIR provisions of multinational top-up tax” means the provisions of this Part relating to the charging of top-up amounts and additional top-up amounts (but not untaxed amounts).”\n(2) In section 257 (meaning of qualifying undertaxed profits tax), in subsection (1), after “it is” insert “—\n“(a) multinational top-up tax (see, in particular, Chapter 9A), or”.\n(b)",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/4/paragraph/7",
    "retrieved_at": "2026-10-29T08:47:01.939707+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}