309 Companies not resident in the State

A non-resident company may be liable to corporation tax in respect of one source of income (for example, profits from a trade carried on in the State through a branch or agency) and to income tax in respect of another source of income (for example, rental income which does not arise directly through or from a branch or agency in the State). In any such case, capital allowances relating to each source are to be given effect against income chargeable to the tax on income from that source.

Relevant Date: Finance Act 2019