Tax credits and other credits - Tax credits for foreign income tax
LJ 8: Repaid foreign tax: effect on FDP liability
You could also call this:
“This outdated rule about repaid foreign tax and FDP liability was removed in 2017”
This part of the law used to talk about how repaid foreign tax affected something called FDP liability. However, this section no longer applies. It was removed from the law on 1 April 2017. If you need to know more about this topic, you might want to look at other parts of the tax law that are still in effect.
LK 1: Tax credits relating to attributed CFC income, or
“Tax credits for income from foreign companies you control”
Part L
Tax credits and other credits
Tax credits for foreign income tax
LJ 8Repaid foreign tax: effect on FDP liability (Repealed)
Notes
Section LJ 8: repealed, on , by section 161 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).
