Section 440 tca 1997
Web(4) (a) Where, after a company has been assessed to tax under this section in respect of any loan or advance, the loan or advance or any part of it is repaid to the company, relief shall … Web(2) For the purposes of section 440, the distributions of a company for an accounting period shall be taken to be the aggregate of— (a) any dividends which are declared for or in …
Section 440 tca 1997
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WebSection 440 TCA 1997 provides for a surcharge on close companies at the rate of 20% of the excess of the aggregate of the distributable investment income and the distributable … Web(5) The provisions of subsections (2) to (7) of section 440 are applied to the surcharge under this section. (6) The provisions of section 434(2), (3), (3A), (6) and (7) regarding the distributions to be taken into account for the purpose of computing a surcharge are applied for the purposes of the section. The provisions of section 434(1), which defines the …
WebTaxes Consolidation Act, 1997. Interest paid to directors and directors' associates. 437. — (1) In this section, “interest” includes any other consideration paid or given by the close … Web[6.7.1] Franked Investment Income [Section 156 TCA 1997] Background A distribution received from a company resident in the State is income for the purposes of income tax. Where a distribution goes to an individual ... imposed by Section 440 TCA 1997, Section 434(3A) TCA allows a close company paying a dividend and its close company recipient …
Web432. — (1) For the purposes of this Part, a company shall be treated as another company's associated company at a particular time if, at that time or at any time within one year … WebTaxes Consolidation Act, 1997. Company reconstructions without change of ownership. 400. — (1) For the purposes of this section—. ( a) a trade carried on by 2 or more persons …
Web(a) this section and sections 239, 241, 440 and 441, and (b) where the company carries on a life business (within the meaning of section 706 > of the Principal Act <), any corporation tax which would be attributable to policyholders’ profits; < “relevant trading charges on income” has the same meaning as in section 243A;
WebSection 879 TCA 1997 provides that the amount of profits or gains to be included in a return of income are the profits computed in accordance with the Income Tax Acts. Where under section 65 the profits of a year ending on a date within the year of assessment are to be taken as the profits of a year of assessment, the profits to be included in the return are the … premier temporary staffingWeb2 Jun 2024 · Tax and Duty Manual Part 13-02-05 which deals with the close company surcharge under section 440 TCA 1997, has been updated. The Manual explains that … scots guards emblemWebThis section defines certain terms which are used in this Part for the purpose of identifying income liable to the surcharge under section 440 on the undistributed investment and … premier tennis tower hamletsscots guards dirkWeb(1) (a) Where for an accounting period of a close company the > aggregate of the distributable investment income and the distributable estate income < > distributable … premier tennis new orleansWeb18 Oct 2024 · Part 13-02-05: Surcharge on certain Undistributed Income of Close Companies -Section 440 TCA 1997 (ingested December 6, 2024) Part 13-02-05: Surcharge on certain Undistributed Income of Close Companies -Section 440 … premier testing and inspection temeculaWebAnti-avoidance: s110(5) TCA 1997. The second measure relating to s110 TCA 1997 . that was included in Finance Act 2024 was the amendment to the anti-avoidance provision in sub-section (5), which previously read: “Subsection (4) shall not apply in respect of any interest or other distribution as is paid by a qualifying company where the premier tennis and fitness janesville wi