Section 18

INTRODUCTION

1  Part 3 of FA 2015 (diverted profits tax) is amended as follows.

CALCULATION OF TAXABLE DIVERTED PROFITS

2(1)  Section 82 (calculation of taxable diverted profits in section 80 or 81 case: introduction) is amended as follows.

2(2)  In subsection (3) for “(9)” substitute “(10)”.

2(3)  In subsection (7) (when the “actual provision condition” is met) in paragraph (a) omit “(ignoring Part 4 of TIOPA 2010 (transfer pricing))”.

2(4)  After subsection (7) insert–

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