Paragraph 3 Consequential amendments

United Kingdom

(1)

In section 206(3) of FA 2013 (taxes to which the general anti-abuse rule applies) omit paragraph (da).

(2)

In paragraph 7 of Schedule 6 to FA 2010 (enactments to which definition of “charity” in Part 1 of that Schedule applies)—

(a)

after paragraph (h) insert “and”, and

(b)

omit paragraph (j) (and the “and” before it).

(3)

In Schedule 23 to FA 2011 (data-gathering powers), in paragraph 45(1) (taxes to which powers apply), omit paragraph (ca).

(4)

In section 1139 of CTA 2010 (definition of “tax advantage” for the purposes of provisions of the Corporation Tax Acts which apply this section), in subsection (2)—

(a)

after paragraph (da) insert “or”, and

(b)

omit paragraph (f) (and the “or” before it).

(5)

In Schedule 56 to FA 2009 (penalty for failure to make payments on time)—

(a)

in the Table at the end of paragraph 1, omit the entry relating to diverted profits tax;

(b)

in paragraph 3 (amount of penalty: occasional amounts and amounts in respect of periods of 6 months or more), omit sub-paragraph (1)(aa).

(6)

In Schedule 36 to FA 2008 (information and inspection powers), in paragraph 63(1) (taxes to which powers apply), omit paragraph (ca).

(7)

In Schedule 41 to FA 2008 (penalties: failure to notify etc)—

(a)

in the Table in paragraph 1, omit the entry relating to diverted profits tax;

(b)

in paragraph 7 (meaning of “potential lost revenue”), omit sub-paragraph (4A).

(8)

In section 178 of FA 1989 (setting rates of interest), in subsection (2), omit paragraph (v).

(9)

In section 1 of the Provisional Collection of Taxes Act 1968 (temporary statutory effect of House of Commons resolutions affecting income tax, purchase tax or customs or excise duties), in subsection (1) omit “diverted profits tax,”.