| Links from Section 623 | ||
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| Act | Linked to | Context |
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National Asset Management Agency Act 2009 |
(b) In this subsection “bank asset”, “establishment day” and “NAMA” have the same meanings, respectively, as they have in the National Asset Management Agency Act 2009. |
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Taxes Consolidation Act, 1997 |
(b) a chargeable gain shall be deferred on a replacement of business assets if, by one or more claims under section 597, a chargeable gain on the disposal of those assets is treated as not accruing until the new assets within the meaning of that section cease to be used for the purpose of a trade carried on by the company making the claim; |
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Taxes Consolidation Act, 1997 |
(ii) a company to which section 616(1)(g) relates from that Agency or a company to which that paragraph relates. |
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Taxes Consolidation Act, 1997 |
(7) For the purposes of this section, a ‘group of companies’ shall include only companies which, by virtue of the law of a relevant Member State or other territory with the government of which arrangements having the force of law by virtue of section 826(1) have been made, are resident for the purposes of tax in such Member State or territory, as the case may be, and for this purpose ‘tax’, in relation to a relevant Member State or such territory, other than the State, means any tax imposed in the Member State or territory which corresponds to corporation tax in the State. |
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| Links to Section 623 (from within TaxSource Total) | ||
| Act | Linked from | Context |
|
Taxes Consolidation Act, 1997 |
(a) a company, as a result of ceasing at any time (in this paragraph referred to as the “time of degrouping”) to be a member of a group, is treated by section 623(4) as having sold and immediately reacquired an asset, and |
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Taxes Consolidation Act, 1997 |
then section 623(4) shall have effect as if it provided for the deemed sale and reacquisition to be treated as taking place immediately before the time of degrouping. |
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Taxes Consolidation Act, 1997 |
(ii) sections 623 (apart from paragraphs (c) and (d) of subsection (2)) and 625 shall apply as if for any reference in those sections to a group of companies there were substituted a reference to a non-resident group of companies, and as if references to companies were references to companies not resident in the State. |
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Taxes Consolidation Act, 1997 |
(a) subject to sections 617(5), 621(1) and 623(7), a reference to a company or companies shall apply only to a company or companies, as limited by subsection (2), being a company or, as the case may be, companies which, by virtue of the law of a relevant Member State, is or are resident for the purposes of tax in such a relevant Member State, and for this purpose— |
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Taxes Consolidation Act, 1997 |
623ATransitional provisions in respect of section 623 |
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Taxes Consolidation Act, 1997 |
(b) in consequence of ceasing to be such a member the company would, apart from this section, be treated by virtue of section 623(4) as selling an asset at any time, |
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Taxes Consolidation Act, 1997 |
(a) that for the purposes of section 623, the company ceases at any time (in this subsection referred to as the “relevant time”) to be a member of the group referred to in subsection (2)(a), |
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Taxes Consolidation Act, 1997 |
(c) that the time of acquisition of the asset referred to in section 623(2) fell within the period of 10 years ending with the relevant time. |
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Taxes Consolidation Act, 1997 |
624 Exemption from charge under section 623 in case of certain mergers. |
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Taxes Consolidation Act, 1997 |
(1) Section 623 shall not apply in a case where— |
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Taxes Consolidation Act, 1997 |
(b) Notwithstanding paragraph (a), where under section 618(2) or 623 a member of the group (in this paragraph referred to as “the first-mentioned member”) had been treated as having acquired or reacquired the asset at a time later than the original acquisition or provision of the asset by the first-mentioned member or by another member of the group, as the case may be, paragraph (a) shall apply as if the reference in that paragraph to the acquisition or provision of the asset by the group were a reference to its acquisition or reacquisition so treated as having been made by the first-mentioned member. |
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