| Links from Section 416 | ||
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| Act | Linked to | Context |
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Taxes Consolidation Act, 1997 |
(3) Where on the profit distribution the percentage of profits determined as mentioned in subsection (2)(a) is less than the percentage of profits determined under section 414(1) without regard to subsection (2)(a), the lesser percentage shall be taken for the purposes of section 412 to be the percentage of profits to which on the profit distribution the first company referred to in section 414(1) would be entitled as mentioned in that section. |
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Taxes Consolidation Act, 1997 |
(4) Where on the notional winding up the percentage of assets determined as mentioned in subsection (2)(b) is less than the percentage of assets determined under section 415(1) without regard to subsection (2)(b), the lesser percentage shall be taken for the purposes of section 412 to be the percentage to which on the notional winding up the first company referred to in section 415(1) would be entitled of any assets of the other company available for distribution to its equity holders on a winding up. |
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Taxes Consolidation Act, 1997 |
(a) the percentage of profits to which on the profit distribution the first company referred to in section 414(1) would be entitled, and |
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Taxes Consolidation Act, 1997 |
(3) Where on the profit distribution the percentage of profits determined as mentioned in subsection (2)(a) is less than the percentage of profits determined under section 414(1) without regard to subsection (2)(a), the lesser percentage shall be taken for the purposes of section 412 to be the percentage of profits to which on the profit distribution the first company referred to in section 414(1) would be entitled as mentioned in that section. |
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Taxes Consolidation Act, 1997 |
(3) Where on the profit distribution the percentage of profits determined as mentioned in subsection (2)(a) is less than the percentage of profits determined under section 414(1) without regard to subsection (2)(a), the lesser percentage shall be taken for the purposes of section 412 to be the percentage of profits to which on the profit distribution the first company referred to in section 414(1) would be entitled as mentioned in that section. |
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Taxes Consolidation Act, 1997 |
(b) the percentage of assets to which on the notional winding up the first company referred to in section 415(1) would be entitled, |
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Taxes Consolidation Act, 1997 |
(4) Where on the notional winding up the percentage of assets determined as mentioned in subsection (2)(b) is less than the percentage of assets determined under section 415(1) without regard to subsection (2)(b), the lesser percentage shall be taken for the purposes of section 412 to be the percentage to which on the notional winding up the first company referred to in section 415(1) would be entitled of any assets of the other company available for distribution to its equity holders on a winding up. |
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Taxes Consolidation Act, 1997 |
(4) Where on the notional winding up the percentage of assets determined as mentioned in subsection (2)(b) is less than the percentage of assets determined under section 415(1) without regard to subsection (2)(b), the lesser percentage shall be taken for the purposes of section 412 to be the percentage to which on the notional winding up the first company referred to in section 415(1) would be entitled of any assets of the other company available for distribution to its equity holders on a winding up. |
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| Links to Section 416 (from within TaxSource Total) | ||
| Act | Linked from | Context |
|
Taxes Consolidation Act, 1997 |
(4) Subsections (3) and (4) of section 416 shall apply for the purposes of this section as they apply for the purposes of that section, and accordingly references in those subsections to subsection (2)(a) and subsection (2)(b) of that section shall be construed respectively as references to subsection (2)(a) and subsection (2)(b) of this section. |
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Taxes Consolidation Act, 1997 |
(5) In any case where section 416 applies as well as this section, section 416 shall be applied separately (in relation to the profit distribution and the notional winding up)— |
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Taxes Consolidation Act, 1997 |
(5) In any case where section 416 applies as well as this section, section 416 shall be applied separately (in relation to the profit distribution and the notional winding up)— |
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Taxes Consolidation Act, 1997 |
and subsections (3) and (4) of section 416 shall apply accordingly in relation to the percentages so determined as if for “lesser” there were substituted “lowest”. |
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