No 39 of 1997, Section 560, Link Report

Links from Section 560
Act	Linked to	Context
Taxes Consolidation Act, 1997	sec0552.html	(a) that any expenditure attributable to the asset under section 552(1)(a), after deducting the residual or scrap value, if any, of the asset, is written off at a uniform rate from its full amount at the time when the asset is acquired or provided to nil at the end of its life, and
Taxes Consolidation Act, 1997	sec0552.html	(b) that any expenditure attributable to the asset under section 552(1)(b) is written off at a uniform rate from the full amount of that expenditure at the time when that expenditure is first reflected in the state or nature of the asset to nil at the end of its life.
Taxes Consolidation Act, 1997	sec0552.html	(4) Where any expenditure attributable to the asset under section 552(1)(b) creates or increases a residual or scrap value of the asset, the residual or scrap value to be deducted under subsection (3)(a) shall be the residual or scrap value so created or increased.
Taxes Consolidation Act, 1997	sec0552.html	(5) Any expenditure written off under this section shall not be allowable as a deduction under section 552.
Links to Section 560 (from within TaxSource Total)
Act	Linked from	Context
Taxes Consolidation Act, 1997	sched14.html	(3) In the case of a wasting asset which is a lease of land, the rate at which expenditure is assumed to be written off shall, instead of being a uniform rate as provided by section 560(3), be a rate fixed in accordance with the Table to this paragraph.
Taxes Consolidation Act, 1997	sched14.html	(6) Section 561 shall apply in relation to this paragraph as it applies in relation to subsections (3) to (5) of section 560.
Taxes Consolidation Act, 1997	sec0005.html	“wasting asset” has the meaning assigned to it by section 560 and paragraph 2 of Schedule 14;
Taxes Consolidation Act, 1997	sec0540.html	(b) section 560(3) shall not apply.
Taxes Consolidation Act, 1997	sec0540.html	(II) section 560(3) and subsection (6) shall not apply.
Taxes Consolidation Act, 1997	sec0561.html	(1) Subsections (3) to (5) of section 560 shall not apply in relation to a disposal of an asset—
Taxes Consolidation Act, 1997	sec0561.html	(c) subsections (3) to (5) of section 560 shall not apply for the purposes of the computation in relation to the part of the consideration apportioned to use for the purposes of the trade or profession or to the expenditure qualifying for capital allowances,
Taxes Consolidation Act, 1997	sec0602.html	(1) In this section, tangible movable property shall not include a wasting asset within the meaning of section 560.