Schedule 15
Finance Bill
5:00 pm
Eric Illsley (Barnsley Central, Labour)
With this it will be convenient to discuss the following amendments: No. 109, in schedule 15, page 196, line 11, leave out subsection (5).
No. 110, in schedule 15, page 196, line 27, leave out from ‘subsection (4)’ to end of line 33 and insert
“genuine business activities” means business activities which—
(a) are actually carried on in any EEA territory in which the controlled foreign company has a business establishment in any part of the relevant accounting period, and
(b) are actually carried on in that territory through that establishment, having regard to premises, staff, equipment and assets.’.
No. 111, in schedule 15, page 196, line 39, leave out subsection (9).