Finance Act, 1997
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Tax credits in respect of distributions. |
37.—(1) The provisions of the Corporation Tax Act, 1976 , specified in paragraph 1 of the Second Schedule shall have effect in relation to distributions made on or after the 6th day of April, 1997, as if the standard rate for the year of assessment 1997-98 and subsequent years of assessment were 21 per cent. | |
(2) The Second Schedule shall have effect for the purpose of supplementing subsection (1). |