Schedule 3 | Corporation tax: the non-corporate distribution rate: supplementary provisions

Part 1General provisions

Introduction

(1)Repealed

Meaning of “non-corporate distribution”

(2)Repealed

Calculation of company’s “underlying rate of corporation tax”

(3)Repealed

Matching: distributions not exceeding basic profits

(4)Repealed

Matching: distributions exceeding basic profits

(5)Repealed

Part 2Allocation of excess NCDs to other companies

Allocation of excess NCDs to other companies

(6)Repealed

Allocation of excess NCDs to other group companies

(7)Repealed

Allocation of excess NCDs: period or periods to which amount to be allocated

(8)Repealed

Allocation of excess NCDs: degrouping

(9)Repealed

Allocation of excess NCDs: procedure

(10)Repealed

Allocation of excess NCDs: amounts proving to be excessive

(11)Repealed

Allocation of excess NCDs to companies not resident in the United Kingdom

(12)Repealed

Part 3Other supplementary provisions

Carry forward of excess NCDs

(13)Repealed

Definition of a group

(14)Repealed

Accounting period treated as ending if company ceases to be a member of a group

(15)Repealed

Treatment of distributions made otherwise than in an accounting period

(16)Repealed

Holding companies treated as carrying on a business

(17)Repealed

Interpretation

(18)Repealed