No 39 of 1997, Section 244, Link Report

Links from Section 244
Act	Linked to	Context
Income Tax Act, 1967	index.html	(c) The number of years of assessment for which the amount of relievable interest is to be determined by reference to subparagraph (iii) or (iv) of the definition of “relievable interest” shall be reduced by one year of assessment for each year of assessment in which an individual was entitled to relief for a year of assessment before the year 1997-1998 under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	index.html	was previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967, and the other person was not so entitled—
Income Tax Act, 1967	index.html	(II) the additional relief shall be reduced by 50 per cent and the additional relief, as so reduced, shall be given only to the person who was not previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sched6.html	(c) The number of years of assessment for which the amount of relievable interest is to be determined by reference to subparagraph (iii) or (iv) of the definition of “relievable interest” shall be reduced by one year of assessment for each year of assessment in which an individual was entitled to relief for a year of assessment before the year 1997-1998 under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sched6.html	was previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967, and the other person was not so entitled—
Income Tax Act, 1967	sched6.html	(II) the additional relief shall be reduced by 50 per cent and the additional relief, as so reduced, shall be given only to the person who was not previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sec0076.html	(c) The number of years of assessment for which the amount of relievable interest is to be determined by reference to subparagraph (iii) or (iv) of the definition of “relievable interest” shall be reduced by one year of assessment for each year of assessment in which an individual was entitled to relief for a year of assessment before the year 1997-1998 under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sec0076.html	was previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967, and the other person was not so entitled—
Income Tax Act, 1967	sec0076.html	(II) the additional relief shall be reduced by 50 per cent and the additional relief, as so reduced, shall be given only to the person who was not previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sec0496.html	(c) The number of years of assessment for which the amount of relievable interest is to be determined by reference to subparagraph (iii) or (iv) of the definition of “relievable interest” shall be reduced by one year of assessment for each year of assessment in which an individual was entitled to relief for a year of assessment before the year 1997-1998 under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Income Tax Act, 1967	sec0496.html	was previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967, and the other person was not so entitled—
Income Tax Act, 1967	sec0496.html	(II) the additional relief shall be reduced by 50 per cent and the additional relief, as so reduced, shall be given only to the person who was not previously entitled to relief under this section or under section 76(1) or 496 of, or paragraph 1(2) of Part III of Schedule 6 to, the Income Tax Act, 1967.
Taxes Consolidation Act, 1997	sec0016.html	(b) Where an individual for a year of assessment proves that in the year of assessment such individual paid an amount of qualifying interest, then, the income tax to be charged, other than in accordance with section 16(2), on such individual for that year of assessment shall be reduced by an amount which is the lesser of—
Taxes Consolidation Act, 1997	sec0188.html	(c) Except for the purposes of sections 187 and 188 Except for the purpose of section 188, no account shall be taken of relievable interest in calculating the total income of the individual by whom the relievable interest is paid.
Taxes Consolidation Act, 1997	sec0466.html	“dependent relative” in relation to an individual, means any of the persons mentioned in paragraph (a) or (b) of subsection (2) of section 466 any of the persons mentioned in paragraph (a) or (b) of subsection (2), or in paragraph (a) or (b) of subsection (2A), of section 466 in respect of whom the individual is entitled to a tax credit under that section.
Taxes Consolidation Act, 1997	sec0799.html	(6) (a) In this subsection, “personal representative” has the same meaning as in section 799.
Taxes Consolidation Act, 1997	sec1016.html	(b) For the purposes of this section, in the case of an individual assessed to tax for a year of assessment in accordance with section 1017, section 1017 or 1031C, any payment of qualifying interest made by the individual’s ~~spouse~~ spouse or civil partner, in respect of which the individual’s ~~spouse~~ spouse or civil partner would have been entitled to relief under this section if that ~~spouse~~ spouse or civil partner were assessed to tax for the year of assessment in accordance with section 1016 (apart from subsection (2) of that section) section 1016 (apart from subsection (2) of that section) or section 1031B (apart from subsection (2) of that section) shall be deemed to have been made by the individual.
Taxes Consolidation Act, 1997	sec1017.html	(I) an individual assessed to tax for the year of assessment in accordance with section 1017, section 1017 or 1031C, or
Taxes Consolidation Act, 1997	sec1017.html	(I) an individual assessed to tax for the year of assessment in accordance with section 1017, or
Taxes Consolidation Act, 1997	sec1017.html	(b) For the purposes of this section, in the case of an individual assessed to tax for a year of assessment in accordance with section 1017, section 1017 or 1031C, any payment of qualifying interest made by the individual’s ~~spouse~~ spouse or civil partner, in respect of which the individual’s ~~spouse~~ spouse or civil partner would have been entitled to relief under this section if that ~~spouse~~ spouse or civil partner were assessed to tax for the year of assessment in accordance with section 1016 (apart from subsection (2) of that section) section 1016 (apart from subsection (2) of that section) or section 1031B (apart from subsection (2) of that section) shall be deemed to have been made by the individual.
Taxes Consolidation Act, 1997	sec1017.html	(a) Where the amount of relievable interest is determined by reference to ~~subparagraph~~ paragraph(iii) or (iv) of the definition of “relievable interest”, then, notwithstanding any other provision of the Tax Acts, in the case of an individual who has elected or could be deemed to have duly elected to be assessed to tax for the year of assessment in accordance with ~~section 1017~~ section 1017 or 1031C, where either—
Taxes Consolidation Act, 1997	sec1023.html	(i) ~~section 1023~~ section 1023 or 1031H may have applied for the year of assessment, and
Taxes Consolidation Act, 1997	sec1031B.html	(b) For the purposes of this section, in the case of an individual assessed to tax for a year of assessment in accordance with section 1017, section 1017 or 1031C, any payment of qualifying interest made by the individual’s ~~spouse~~ spouse or civil partner, in respect of which the individual’s ~~spouse~~ spouse or civil partner would have been entitled to relief under this section if that ~~spouse~~ spouse or civil partner were assessed to tax for the year of assessment in accordance with section 1016 (apart from subsection (2) of that section) section 1016 (apart from subsection (2) of that section) or section 1031B (apart from subsection (2) of that section) shall be deemed to have been made by the individual.
Taxes Consolidation Act, 1997	sec1031C.html	(I) an individual assessed to tax for the year of assessment in accordance with section 1017, section 1017 or 1031C, or
Taxes Consolidation Act, 1997	sec1031C.html	(b) For the purposes of this section, in the case of an individual assessed to tax for a year of assessment in accordance with section 1017, section 1017 or 1031C, any payment of qualifying interest made by the individual’s ~~spouse~~ spouse or civil partner, in respect of which the individual’s ~~spouse~~ spouse or civil partner would have been entitled to relief under this section if that ~~spouse~~ spouse or civil partner were assessed to tax for the year of assessment in accordance with section 1016 (apart from subsection (2) of that section) section 1016 (apart from subsection (2) of that section) or section 1031B (apart from subsection (2) of that section) shall be deemed to have been made by the individual.
Taxes Consolidation Act, 1997	sec1031C.html	(a) Where the amount of relievable interest is determined by reference to ~~subparagraph~~ paragraph(iii) or (iv) of the definition of “relievable interest”, then, notwithstanding any other provision of the Tax Acts, in the case of an individual who has elected or could be deemed to have duly elected to be assessed to tax for the year of assessment in accordance with ~~section 1017~~ section 1017 or 1031C, where either—
Taxes Consolidation Act, 1997	sec1031H.html	(i) ~~section 1023~~ section 1023 or 1031H may have applied for the year of assessment, and
Links to Section 244 (from within TaxSource Total)
Act	Linked from	Context
	sec0008.html	(b) subject to subsection (2), the property is purchased by a person who would have been entitled to relief under section 244 of the Act of 1997 had a qualifying loan (within the meaning of that section) been taken out in the period beginning on 1 January 2004 and ending on 31 December 2012, and
Taxes Consolidation Act, 1997	sec1024.html	(i) relief under ~~sections 244 and 372AR~~ sections 244, 372AR and 372AAB, in the proportions in which they incurred the expenditure giving rise to the relief;
Taxes Consolidation Act, 1997	sec1031I.html	(i) in so far as it flows from relief under ~~sections 244 and 372AR~~ sections 244, 372AR and 372AAB, in the proportions in which they incurred the expenditure giving rise to the relief,
Taxes Consolidation Act, 1997	sec0122.html	“qualifying loan” has the meaning assigned to it by section 244(1)(a);
Taxes Consolidation Act, 1997	sec0122.html	(4) Where for any year of assessment a sum is chargeable to tax under subsection (2) in respect of a preferential loan or loans or under subsection (3) in respect of an amount of interest written off or released, the individual to whom the loan or loans was or were made shall be deemed for the purposes of section 244 to have paid in the year of assessment an amount or additional amount of interest, as the case may be, on the loan or loans equal to such sum or the individual by whom the interest written off or released was payable shall be deemed for those purposes to have paid in the year of assessment the interest released or written off.
Taxes Consolidation Act, 1997	sec0188.html	“income tax payable” has the same meaning (inserted by the Finance Act, 2001) as in section 3, but without regard to any reduction of tax under section 244;
Taxes Consolidation Act, 1997	sec0216A.html	(8) Where subsection (2) applies, the receipt of relevant sums shall not operate so as to restrict or reduce any entitlement to relief under section 244 or 604.
Taxes Consolidation Act, 1997	sec0216C.html	(7) Where subsection (2) applies, the receipt of relevant sums shall not operate so as to restrict or reduce any entitlement to relief under section 244 or 604.
Taxes Consolidation Act, 1997	sec0244A.html	244A Application of section 244 (relief for interest paid on certain home loans) of Principal Act.
Taxes Consolidation Act, 1997	sec0244A.html	(ii) “appropriate percentage”, “qualifying interest”, “qualifying loan”, “qualifying residence” and “relievable interest” have the same meanings, respectively, as they have in section 244.
Taxes Consolidation Act, 1997	sec0244A.html	(b) This section provides for a scheme whereby relief due under section 244 shall, in certain circumstances, be given by way of deduction at source (“the tax relief at source scheme”) under subsection (2)(a) and in no other manner.
Taxes Consolidation Act, 1997	sec0244A.html	(2) (a) Where an individual makes a payment of qualifying mortgage interest to a qualifying lender in respect of which relief is due under section 244, the individual shall be entitled in accordance with regulations to deduct and retain out of it an amount equal to the appropriate percentage, for the year of assessment in which the payment is due, of the relievable interest.
Taxes Consolidation Act, 1997	sec0244A.html	(i) as will or may assist an officer of the Revenue Commissioners to determine if relief is due under section 244 for a particular year of assessment, and
Taxes Consolidation Act, 1997	sec0244A.html	(c) Information provided to the Revenue Commissioners under this subsection shall be used by them only for the purposes of section 244 and this section and, notwithstanding section 872, shall be used for no other purpose.
Taxes Consolidation Act, 1997	sec0245.html	such person shall be entitled on proof of those facts to a reduction in tax under section 244 on the amount of that interest as if no other interest had been paid by such person in respect of the period of 12 months from the date of the making of the first-mentioned loan.
Taxes Consolidation Act, 1997	sec0458.html	Section 244

Link Report

244A Application of section 244 (relief for interest paid on certain home loans) of Principal Act.