The Double Taxation Relief (Surrender of Relievable Tax Within a Group) (Amendment) Regulations 2008

• Citation: S.I. 2008/2681
• Sections: 2

Section 1 Citation, commencement and effect

(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.

Section 2 Amendment of the Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001

(1) The Double Taxation Relief (Surrender of Relievable Tax Within a Group) Regulations 2001 are amended as follows.

(2) In the definition of “the relevant fraction” in paragraph (5) of regulation 4 (amount of EUFT available for surrender) for “section 89(1B) of that Act” substitute “section 431(2YB) of the Income and Corporation Taxes Act 1988 ”.