Statutory Instruments
2008 No. 2681
Income Tax
The Double Taxation Relief (Surrender of Relievable Tax Within a Group) (Amendment) Regulations 2008
Made
9th October 2008
Laid before the House of Commons
9th October 2008
Coming into force
30th October 2008
Citation, commencement and effect
1. —(1) These Regulations may be cited as the Double Taxation Relief (Surrender of Relievable Tax Within a Group) (Amendment) Regulations 2008 and shall come into force on 30th October 2008.
(2) These Regulations shall have effect in relation to accounting periods beginning on or after 1st January 2008 and ending after the date these Regulations come into force.
Amendment of the Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001
2. —(1)The Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001( 3 ) are amended as follows.
(2) In the definition of “the relevant fraction” in paragraph (5) of regulation 4 (amount of EUFT available for surrender)( 4 ) for “section 89(1B) of that Act” substitute “section 431(2YB) of the Income and Corporation Taxes Act 1988( 5 )”.
Dave Hartnett
8th October 2008
Mike Eland
9th October 2008
Two of the Commissioners for Her Majesty’s Revenue and Customs
The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11) . Section 50 of that Act provides that in so far as it is appropriate in consequence of section 5 a reference, however expressed, to the Commissioners of Inland Revenue is to be read as a reference to the Commissioners for Her Majesty’s Revenue and Customs.
1988 (c. 1) . Section 806H was inserted by paragraph 21(1) of Schedule 30 to the Finance Act 2000 (c. 17) .
Regulation 4 was amended by S.I. 2003/1829 .
Section 431(2YB) was inserted by paragraph 18(1) of Schedule 17 to the Finance Act 2008 (c. 9) .