Web440. — (1) ( a) Where for an accounting period of a close company the aggregate of the distributable investment income and the distributable estate income exceeds the distributions of the company for the accounting period, there shall be charged on the … Web(1) (a) Where for an accounting period of a close company the > aggregate of the distributable investment income and the distributable estate income < > distributable …
[6.7.1] Franked Investment Income [Section 156 TCA 1997]
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 … Web20 Feb 2024 · INTERPRETATION AND BASIC CHARGING PROVISIONS (§§1-31) INCOME TAX AND CORPORATION TAX: THE MAIN PROVISIONS (§§32-531) [LEVIES (§§531A-531AAF) THE TAXATION OF CHARGEABLE GAINS (§§532-638) TRANSACTIONS IN LAND (§§639-653) OTHER SPECIAL PROVISIONS (§§654-848AG) MANAGEMENT PROVISIONS … dad cut jeans
Surcharge on certain undistributed income of close …
WebAnti-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 WebSection 400 TCA 1997 extends to - (a) a trade which is carried on, after transfer from company to company, as part of another trade; (b) a part of a trade which is given up, … Web4 Apr 2024 · Section 441 of TCA 1997 provides for a 15% surcharge on certain undistributed income of close service companies. The surcharge applied to the income of the close … dna5