Tax Law Rewrite - draft legislation

Taxation (International and other provisions) Bill (Bill 7)

We have recently published a revised version of the second Corporation Tax Bill (Bill 6). This takes account of comments received during the consultation period for the draft Bill and of changes necessitated by FA 2009. Work will continue on the Bill and Schedules to prepare for introduction in Parliament in late November.

To assist users to identify changes a 'clean' copy and an annotated version of the Bill have been produced. The annotated version (separate links to the clauses and Schedules) shows where changes or additions have been made.

The annotated version of the Schedules does not include the Repeals and Index Schedules.

The Tax Law Rewrite project has published the draft Taxation (International and other provisions) Bill (Bill 7) for a final round of public consultation. The consultation period ends on 29 May 2009.

Use these links to get to the:

The Bill includes provisions about double taxation relief, transfer pricing, advance pricing agreements and tax arbitrage.

It is expected that the Bill will be introduced into Parliament by the end of 2009.

The consultation stage impact assessment for this draft Bill is available.

Corporation Tax Bill (Bill 6)

We have recently published a revised version of the second Corporation Tax Bill (Bill 6). This takes account of comments received during the consultation period for the draft Bill and of changes necessitated by FA 2009. Work will continue on the Bill and Schedules to prepare for introduction in Parliament in late November.

To assist users to identify changes a 'clean' copy and an annotated version of the Bill have been produced. The annotated version (separate links to the clauses and Schedules) shows where changes or additions have been made.

The annotated version of the Schedules does not include the Repeals and Index Schedules.

The Tax Law Rewrite project has published the draft second Corporation Tax Bill (Bill 6) for a final round of public consultation. The consultation period ends on 29 May 2009.

Use these links to get to the:

The Bill includes provisions about the treatment of losses and gifts to charities, reliefs, distributions, particular types of companies and activities, avoidance and definitions.

It is expected that the Bill will be introduced into Parliament by the end of 2009.

The most recent draft legislation is shown above. Earlier draft legislation is held in Archive.

Use this link to see the consultation stage impact assessment for this draft Bill.