New Clause 9: BILL PRESENTED— Legal Aid, Sentencing and Punishment of Offenders Bill
New Clause 9— Tax on profits of companies
‘In Part 4A of the 1998 Act (as inserted by section 24), after Chapter 4 (inserted by section 30) insert—
80L Tax on profits of companies
The Secretary of State shall, within one month of the coming into force of section 80B of this Act, lay in accordance with Type A procedure as set out in Schedule 7 to this Act a draft Order in Council which specifies as an additional devolved tax a tax charged on the profits of companies.”’.—(Stewart Hosie.)