| Links from Section 745 | ||
|---|---|---|
| Act | Linked to | Context |
|
Taxes Consolidation Act, 1997 |
(1) Where a disposal to which this Chapter applies gives rise, in accordance with Schedule 20, to an offshore income gain, then, subject to this section, the amount of that gain shall be treated for the purposes of the Tax Acts as— |
|
|
Taxes Consolidation Act, 1997 |
(b) A charity shall be exempt from tax in respect of an offshore income gain if the gain is applicable and applied for charitable purposes; but, if the property held on charitable trusts ceases to be subject to charitable trusts and that property represents directly or indirectly an offshore income gain, the trustees shall be treated as if they had disposed of and immediately reacquired that property for a consideration equal to its market value, any gain (calculated in accordance with Schedule 20) accruing being treated as an offshore income gain not accruing to a charity. |
|
|
Taxes Consolidation Act, 1997 |
(b) constituting profits or gains chargeable to tax under Case IV of Schedule D for the chargeable period (within the meaning of section 321(2)) in which the disposal is made. |
|
|
Taxes Consolidation Act, 1997 |
(2) Subject to subsection (3), sections 25(2)(b), 29 and 30 shall apply in relation to income tax or corporation tax in respect of offshore income gains as they apply in relation to capital gains tax or corporation tax in respect of chargeable gains. |
|
|
Taxes Consolidation Act, 1997 |
(2) Subject to subsection (3), sections 25(2)(b), 29 and 30 shall apply in relation to income tax or corporation tax in respect of offshore income gains as they apply in relation to capital gains tax or corporation tax in respect of chargeable gains. |
|
|
Taxes Consolidation Act, 1997 |
(3) In the application of sections 29 and 30 in accordance with subsection (2), section 29(3)(c) shall apply with the deletion of “situated in the State”. |
|
|
Taxes Consolidation Act, 1997 |
(3) In the application of sections 29 and 30 in accordance with subsection (2), section 29(3)(c) shall apply with the deletion of “situated in the State”. |
|
|
Taxes Consolidation Act, 1997 |
(4) In the case of individuals resident or ordinarily resident but not domiciled in the State, subsections (4) and (5) of section 29 shall apply in relation to income tax chargeable by virtue of subsection (1) on an offshore income gain as they apply in relation to capital gains tax in respect of gains accruing to such individuals from the disposal of assets situated outside the State. |
|
|
Taxes Consolidation Act, 1997 |
(2) Subject to subsection (3), sections 25(2)(b), 29 and 30 shall apply in relation to income tax or corporation tax in respect of offshore income gains as they apply in relation to capital gains tax or corporation tax in respect of chargeable gains. |
|
|
Taxes Consolidation Act, 1997 |
(3) In the application of sections 29 and 30 in accordance with subsection (2), section 29(3)(c) shall apply with the deletion of “situated in the State”. |
|
|
Taxes Consolidation Act, 1997 |
(5)(a) In this subsection, “charity” has the same meaning as in section 208, and “market value” shall be construed in accordance with section 548. |
|
|
Taxes Consolidation Act, 1997 |
(b) constituting profits or gains chargeable to tax under Case IV of Schedule D for the chargeable period (within the meaning of section 321(2)) in which the disposal is made. |
|
|
Taxes Consolidation Act, 1997 |
(5)(a) In this subsection, “charity” has the same meaning as in section 208, and “market value” shall be construed in accordance with section 548. |
|
| Links to Section 745 (from within TaxSource Total) | ||
| Act | Linked from | Context |
|
Taxes Consolidation Act, 1997 |
||
|
Taxes Consolidation Act, 1997 |
(a) any charge to income tax or corporation tax by virtue of section 745, and |
|
|
Taxes Consolidation Act, 1997 |
being income consisting of dividends or other income which, but for this section, would be chargeable to tax under Schedule C or under Case III, IV (by virtue of
|
|
|
Taxes Consolidation Act, 1997 |
(2) Income arising to the trustees of a qualifying trust in respect of the trust funds, being income consisting of dividends or other income which but for this section would be chargeable to tax under Schedule C or under Case III, IV (by virtue of section 59 or section 745) or V of Schedule D or under Schedule F, shall be exempt from income tax and shall not be reckoned in computing total income for the purposes of the Income Tax Acts. |
|
|
Taxes Consolidation Act, 1997 |
being income consisting of dividends or other income which, but for this section, would be chargeable to tax under Schedule C or under Case III, IV (by virtue of
|
|
|
Taxes Consolidation Act, 1997 |
(b) arises to a person to or in respect of whom payments to which this section applies are made, from the investment in whole
or in part of such payments or of the income derived from such payments, being income consisting of dividends or other income
which but for this section would be chargeable to tax under Schedule C or under Case III, IV
|
|
|
Taxes Consolidation Act, 1997 |
(c) in subsection (2) of section 579 and subsection (3) of section 579A for “capital gains tax under section 31” there were substituted “income tax by virtue of section 745, and |
|
|
Taxes Consolidation Act, 1997 |
(1) |
|