Part 2 Amendments of other Enactments
Finance Act 2006 (2006 c 25) | Legislation

Part 2 Amendments of other Enactments

Claims for group relief

8

After paragraph 77 of Schedule 18 to FA 1998 (joint amended returns) insert—

“Claims in respect of overseas losses of non-resident companies
77A

(1)     This paragraph applies if a claim for group relief is made in respect of any loss or other amount as a result of the condition in section 402(2A) of the Taxes Act 1988 being satisfied (relief in respect of overseas losses of non-resident companies).

(2)     In relation to the surrendering company, this Part of this Schedule applies as if—

(a)     references to the relief being surrendered were to the EEA amount and to the relief being claimed, and

(b)     references to its accounting

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