asked the Minister for Finance if he has considered the submissions regarding income tax and corporation profits tax by the Rehabilitation Institution Limited; and if he will grant the concessions asked for.
Ceisteanna—Questions. Oral Answers. - Tax Submissions by Rehabilitation Institution.
18.
The Rehabilitation Institution Limited is, for income tax purposes, accepted as being a charity. It is accordingly entitled to the income tax exemptions which are accorded to charities. It is likewise exempt from corporation profits tax. If the Deputy intended to refer to another limited company, with which the Rehabilitation Institution Limited is closely associated, the reply to the first part of the question is in the affirmative. As regards the second part of the question, I would refer the Deputy to Section 97 of the Finance Bill, copies of which were circulated at the weekend.