No 39 of 1997, Section 79, Link Report

Links from Section 79
Act	Linked to	Context
Companies Act 2014	Companies Act 2014	which, in the opinion of the ~~auditor appointed under section 160 of the Companies Act, 1963~~ statutory auditor appointed in accordance with Chapter 18 of Part 6 of the Companies Act 2014, or under the law of the State in which the resident company or non-resident company, as the case may be, is incorporated and which corresponds to that section, presents a true and fair view of the profit or loss of the resident company or the business of the non-resident company, as the case may be;
Taxes Consolidation Act, 1997	sec0018.html	(b) This subsection shall not apply as respects any gain or loss arising to a company carrying on life business within the meaning of section 706(1), being a company which is not charged to corporation tax in respect of that business under Case I of Schedule D.
Taxes Consolidation Act, 1997	sec0076.html	(2) Notwithstanding section 76, for the purposes of corporation tax, the amount of any gain or loss, whether realised or unrealised, which—
Taxes Consolidation Act, 1997	sec0078.html	(3) (a) Notwithstanding section 78, for the purposes of corporation tax, where any gain or loss arises to a company in respect of—
Taxes Consolidation Act, 1997	sec0078.html	(4) Notwithstanding section 78, so much of the amount of any gain or loss arising to a company which carries on a trade in the State in an accounting period as—
Taxes Consolidation Act, 1997	sec0402.html	“relevant tax contract”, in relation to an accounting period of a company, means any contract entered into by the company for the purpose of eliminating or reducing the risk of loss being incurred by the company due to a change in the value of money payable in discharge of a liability of the company to corporation tax for the accounting period, being a change resulting directly from a change in a rate of exchange of the functional currency (within the meaning of section 402) of the company for the currency of the State.
Taxes Consolidation Act, 1997	sec0402.html	(c) For the purposes of this section a gain or loss arising to a company which results directly from a change in a rate of exchange shall include a gain or loss which results directly from an event which substitutes for the currency of a State another currency of that State where the other currency, as a result of the event, becomes the functional currency (within the meaning of section 402) of the company.
Taxes Consolidation Act, 1997	sec0706.html	(b) This subsection shall not apply as respects any gain or loss arising to a company carrying on life business within the meaning of section 706(1), being a company which is not charged to corporation tax in respect of that business under Case I of Schedule D.
Links to Section 79 (from within TaxSource Total)
Act	Linked from	Context
Taxes Consolidation Act, 1997	sec0247.html	(i) by virtue of a change in a rate of exchange (within the meaning of section 79), or
Taxes Consolidation Act, 1997	sec0247.html	(ii) from any contract entered into by the company for the purpose of eliminating or reducing the risk of loss being incurred by the company due to a change in a rate of exchange (within the meaning of section 79) or in a rate of interest.
Taxes Consolidation Act, 1997	sec0402.html	“profit and loss account” and “rate of exchange” have the same meanings respectively as in section 79;
Taxes Consolidation Act, 1997	sec0697C.html	(2) Where the profits of a tonnage tax company would be relevant shipping income, any loss accruing to the company in respect of its tonnage tax activities or any loss which would, but for this subsection, be taken into account by virtue of section 79 in computing the trading income of the company shall not be brought into account for the purposes of corporation tax.
Taxes Consolidation Act, 1997	sec0697J.html	(a) any gain, whether realised or unrealised, attributable to a relevant monetary item (within the meaning of section 79) which would but for this Part be taken into account in computing the trading income of a company’s tonnage tax trade in accordance with section 79, and
Taxes Consolidation Act, 1997	sec0697J.html	(a) any gain, whether realised or unrealised, attributable to a relevant monetary item (within the meaning of section 79) which would but for this Part be taken into account in computing the trading income of a company’s tonnage tax trade in accordance with section 79, and
Taxes Consolidation Act, 1997	sec0697J.html	(b) any gain, whether realised or unrealised, attributable to a relevant contract (within the meaning of section 79) which would but for this Part be taken into account in computing the trading income of a company’s tonnage tax trade in accordance with section 79.
Taxes Consolidation Act, 1997	sec0697J.html	(b) any gain, whether realised or unrealised, attributable to a relevant contract (within the meaning of section 79) which would but for this Part be taken into account in computing the trading income of a company’s tonnage tax trade in accordance with section 79.
Taxes Consolidation Act, 1997	sec0697LB.html	(ii) any gain or loss referred to in section 79 in relation to debt finance,
Taxes Consolidation Act, 1997	sec0079A.html	“foreign currency asset”, in relation to a company, means an asset, not being a relevant monetary item (within the meaning of section 79), of the company the consideration for the acquisition of which consisted solely of an amount denominated in a currency other than the currency of the State;
Taxes Consolidation Act, 1997	sec0079A.html	(i) a liability, not being a relevant monetary item (within the meaning of section 79), or
Taxes Consolidation Act, 1997	sec0079A.html	“rate of exchange” has the meaning assigned to it by section 79.
Taxes Consolidation Act, 1997	sec0079B.html	“relevant foreign currency liability”, in relation to a company, means a liability, not being a relevant monetary item (within the meaning of section 79) which arises from a sum subscribed for paid-up redeemable share capital of the company which is denominated in a currency other than the ~~currency of the State~~ functional currency of the company;
Taxes Consolidation Act, 1997	sec0079B.html	“rate of exchange” has the meaning assigned to it by section 79.