This article establishes a clear hierarchy, or 'waterfall', for settling a Taxable Person's final Corporate Tax liability. The process must follow a specific order. First, the tax due is reduced by any available Withholding Tax Credits. Second, the remaining amount is reduced by any available Foreign Tax Credits. Third, any further credits or reliefs specified by the Cabinet are applied. The final residual amount is the Corporate Tax Payable, which must be settled in cash. This structured approach ensures a consistent and predictable application of all available tax credits and reliefs.