Section 8 | Interpretation: “unilateral relief arrangements” means rules 1 to 9, etc

(1)In this Part “unilateral relief arrangements”, in relation to a territory outside the United Kingdom, means the rules set out in sections 9 to 17.

(2)In sections 11 to 17, and in Chapter 2 (except section 29) in its application to relief under unilateral relief arrangements, references to tax payable or paid under the law of a territory outside the United Kingdom include only—

(a)taxes which are charged on income and which correspond to income tax,

(b)taxes which are charged on income or chargeable gains and which correspond to corporation tax, and

(c)taxes which are charged on capital gains and which correspond to capital gains tax.

(3)For the purposes of subsection (2), tax may correspond to income tax, corporation tax or capital gains tax even though it—

(a)is payable under the law of a province, state or other part of a country, or

(b)is levied by or on behalf of a municipality or other local body.