Finance (No. 2) Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
229B Untaxed amounts
(1) A member of a multinational group has an untaxed amount if conditions A and B are met. (2) Condition A is that the top-up amount and additional top-up amounts of the member are potentially undertaxed. (3) Condition B is that the sum of amounts attributed under Chapter 7 to responsible members in respect of the member’s top-up amount and additional top-up amounts is less than the sum of the member’s top-up amount and additional top-up amounts. (4) The untaxed amount is the amount given by subtracting— (a) the sum of amounts attributed under Chapter 7 to responsible members in respect of the member’s top-up amount and additional top-up amounts, from (b) the sum of the member’s top-up amount and additional top-up amounts.
229B Untaxed amounts
(1) A member of a multinational group has an untaxed amount if conditions A and B are met. (2) Condition A is that the top-up amount and additional top-up amounts of the member are potentially undertaxed. (3) Condition B is that the sum of amounts attributed under Chapter 7 to responsible members in respect of the member’s top-up amount and additional top-up amounts is less than the sum of the member’s top-up amount and additional top-up amounts. (4) The untaxed amount is the amount given by subtracting— (a) the sum of amounts attributed under Chapter 7 to responsible members in respect of the member’s top-up amount and additional top-up amounts, from (b) the sum of the member’s top-up amount and additional top-up amounts.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
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