Finance Bill 2004: Financial Resolutions.

I move the following resolutions:

That Chapter 1 of Part 18 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for a withholding tax scheme for the deduction of income tax at the standard rate by accountable persons when making payments for professional services, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 985A of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for the application of PAYE to benefits-in-kind from employment, in relation to the exclusion from PAYE of shares given to employees, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 122 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for preferential loan arrangements, in relation to bringing former employees within the scope of the section, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That Chapter 2 of Part 23 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which,inter alia, provides for a scheme of relief given in respect of increases in the value of farm trading stock, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 531 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for a scheme of withholding tax on payments made by principal contractors to certain subcontractors in the construction, meat processing and forestry industries, be amended in the manner and to the extent specified in the Act giving effect to this resolution.

That Chapter 3 of Part 8 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which contains the principal provisions relating to the payment of interest, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 268(3A) of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for the definition of 'qualifying residential units' associated with registered nursing homes, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 843 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for capital allowances for buildings used for third level educational purposes, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 481 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for relief for investment in films, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That Chapter 1A of Part 27 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which deals with the taxation of investment undertakings, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 747E of the Taxes Consolidation Act 1997 (No. 39 of 1997), which deals with disposals of interests in offshore funds, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 396B of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides relief, on a value basis, for trading losses which cannot otherwise be relieved, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 420B of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides group relief, on a value basis, for trading losses and certain charges which cannot otherwise be relieved, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 104 of the Finance Act 2001 (No. 7 of 2001), which provides for reliefs from excise duties, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That provision be made in the Act giving effect to this Resolution so that:

(a) where a supply of natural gas or electricity is made to a taxable dealer or to a customer other than a taxable dealer in the State, the place of taxation is the State,

(b) where a taxable person, a Department of State, a body established by statute or a person engaged in exempt activities receives supplies of natural gas and electricity from outside the State, these supplies are taxable in the State and the recipient is liable for the tax,

(c) the supply of access to natural gas and electricity distribution networks and other directly linked services is taxable when received from abroad by a supplier in the State,

(d) the supply of financial fund management functions is taxable when received from abroad by a non-qualifying fund in the State.

That provision be made in the Act giving effect to this Resolution for amending section 81 of the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in the Act so giving effect.

That provision be made in the Act giving effect to this Resolution for inserting section 81A and Schedule 2A into the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in the Act so giving effect.

That provision be made in the Act giving effect to this Resolution for amending section 91 of the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in the Act so giving effect.

That provision be made in the Act giving effect to this Resolution for inserting section 91A into the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in the Act so giving effect.

That provision be made in the Act giving effect to this Resolution for amending section 92 of the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in the Act so giving effect.

That section 106 of the Capital Acquisitions Tax Consolidation Act 2003 (No. 1 of 2003), which enables the Government to make arrangements for relief from double taxation in respect of gift tax or inheritance tax, or taxes of a similar character, imposed in another territory, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That section 912A of the Taxes Consolidation Act 1997 (No. 39 of 1997), which enables Revenue to use its powers to obtain information where it is required for the purposes of a tax liability in a territory with which Ireland has a Double Tax Treaty or a Tax Information Exchange Agreement, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

That provision be made in the Act giving effect to this Resolution to provide technical amendments to the Taxes Consolidation Act 1997 (No. 39 of 1997), and the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), in the manner and to the extent specified in that Act.

Question put and declared carried.