Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 19 December 2018 - onwards
  Version 6 of 6    

60. Amendment of certain tax exemption provisions

(1) The Principal Act is amended -

(a) in Part 7, by inserting the following section after section 218:

"218A. Certain income of Motor Insurers' Bureau of Ireland

Notwithstanding any provision of the Corporation Tax Acts, income arising to the Motor Insurers' Bureau of Ireland from investments made by it of moneys paid to the Motor Insurers' Insolvency Compensation Fund under the Insurance Act 1964 (amended by the Insurance (Amendment) Act 2018), which income would but for this section have been chargeable to corporation tax under Case III or IV, as the case may be, of Schedule D, shall be exempt from corporation tax.",

(b) in section 220, by inserting the following paragraph after paragraph 8:

"9. Limerick Twenty Thirty Strategic Development Designated Activity Company, registered on 7 July 2008 (registered number 459652).",

(c) in section 730D(2), by inserting the following paragraph after paragraph (b):

"(ba) the life policy is an investment made by the Motor Insurers' Bureau of Ire

Comparing proposed amendment...