Version status: Published
Version date: 19 October 2023 - onwards
26. Amendment of section 238 of Principal Act (annual payments not payable out of taxed income)
This format of the bill is taken from the text of stage 1 published on 19 October 2023 by Dáil Éireann
Section 238 of the Principal Act is amended by the substitution of the following subsection for subsection (7):
"(7) Except where provided by subsections (1) and (1B) of section 1041, this section shall not apply to any rents or other sums in respect of which the person entitled to them is chargeable to tax under Case V of Schedule D or would be so chargeable but for any exemption from tax.".