SCHEDULES

SCHEDULE 18Company tax returns, assessments and related matters

Part IVEnquiry into company tax return

Direction to complete enquiry

33

1

The company may apply to the Commissioners for a direction that the Inland Revenue give a closure notice within a specified period.

2

Any such application shall be heard and determined in the same way as an appeal.

3

The Commissioners hearing the application shall give a direction unless they are satisfied that the Inland Revenue have reasonable grounds for not giving a closure notice within a specified period.