Finance Act, 1998
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Chapter 4 Corporation Tax | ||
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Rate of corporation tax. |
55.—(1) Section 21 of the Principal Act is hereby amended in subsection (1): | |
(a) in paragraph (a) by the substitution for “March, 1997, and” of “March, 1997,”, and | ||
(b) by the substitution for paragraph (b) of the following paragraphs: | ||
“(b) 36 per cent for that part of the financial year 1997 beginning on the 1st day of April, 1997, and ending on the 31st day of December, 1997, and | ||
(c) 32 per cent for the financial year 1998 and each subsequent financial year.”. | ||
(2) Schedule 6 shall have effect for the purpose of supplementing this section. |