Taxes Consolidation Act, 1997 (Number 39 of 1997)
PART 6
Company Distributions, Tax Credits, Franked Investment Income and Advance Corporation Tax
CHAPTER 1
Taxation of company distributions
129 Irish resident company distributions not generally chargeable to corporation tax.
[CTA76 s2]
Except where otherwise provided by the Corporation Tax Acts, corporation tax shall not be chargeable on dividends and other distributions of a company resident in the State, nor shall any such dividends or distributions be taken into account in computing income for corporation tax.