Taxation (International and Other Provisions) Act 2010 Schedule 8 Part 13

General consequential amendments

Schedule 8 Part 13 (paragraphs 313–332) makes housekeeping amendments across a range of existing tax Acts so that they recognise and refer correctly to the newly enacted Taxation (International and Other Provisions) Act 2010 ("TIOPA 2010").

• A standard definition of "TIOPA 2010" is inserted into the interpretation sections of nine existing tax Acts, including TMA 1970, ICTA 1988, TCGA 1992, ITEPA 2003, ITTOIA 2005, ITA 2007, CTA 2009, FA 1998 and FA 2009.
• The powers to make statutory instruments under TCGA 1992 (section 287) and ITA 2007 (section 1014) are amended so that they no longer apply to powers conferred by TIOPA 2010, which has its own regulation-making provision in section 372.
• Schedule 18 to FA 1998 (company tax returns) is updated so that the enquiry and discovery assessment provisions now refer to the relevant TIOPA 2010 notice provisions — specifically notices concerning schemes to increase double taxation relief (section 81(2)), transfer pricing for medium-sized enterprises (section 168(1)), and tax arbitrage avoidance (sections 232 and 249).
• The amendments are purely consequential and mechanical: they ensure that cross-references in existing legislation point to the correct new provisions in TIOPA 2010 without changing any underlying policy or taxpayer obligations.

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