Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 March 2006 - onwards

60. Implementation of Council Directive No. 2005/19/EC amending Directive 90/434/EEC concerning companies of different Member States, and certain other matters.

The Principal Act is amended -

(a) in section 4 by inserting the following after the definition of "profits":

"'SE' means a European public limited-liability company (Societas Europaea or SE) as provided for by Council Regulation (EC) No. 2157/2001 of 8 October 2001, on the Statute for a European Company (SE) [OJ No. L294, 10.11.2001, p.1];

'SCE' means a European Cooperative Society (SCE) as provided for by Council Regulation (EC) No. 1435/2003 of 22 July 2003 on the Statute for a European Cooperative Society (SCE) [OJ No. L207, 18.8.2003, p.1];",

(b) by inserting the following after section 23A:

"Residence of SE or SCE.

23B.

(1) An SE or an SCE which has its registered office in the State shall, subject to section 23A, be treated for the purposes of the Tax Acts and the Capital Gains Tax Acts as resident in the State.

(2)

(a) An SE which transfers its registered office out of the State in accordance with Article 8 of Council Regulation (EC) No. 2157/2001 on the Statute for a European Company (SE), and

(b) an SCE which transfers its registered office out of the State in accordance with Article 7 of Council Regulation (EC) No. 1435/2003 of 22 July 2003 on the Statute for a European Cooperative Society (SCE),