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Dáil Éireann debate -
Tuesday, 8 Nov 2016

Vol. 927 No. 3

Finance Bill 2016: Financial Resolutions

I move the following Resolutions:

THAT sections 784, 787G, 787K, 787O, 787R, 787S and 790D of Part 30 of, and Schedule 23B to, the Taxes Consolidation Act 1997 (No. 39 of 1997), which relate to Retirement Annuities, Personal Retirement Savings Accounts, imputed distributions from certain funds and the limit on tax-relieved pension funds, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Part 8 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which provides for rules for the taxation of deposit interest, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT section 110 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which deals with the taxation of special purpose companies set up to securitise assets, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Part 27 of the Taxes Consolidation Act 1997 (No. 39 of 1997), which deals with unit trusts and offshore funds, be amended by the insertion of Chapter 1B into that Part and that that Act be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT--

(1) Chapter 1 of Part 2 of the Finance Act 1999 (No. 2 of 1999), which provides for mineral oil tax, and Schedules 2 and 2A to that Act, which provide for the rates of that tax be amended, and

(2) sections 55 and 56 of the Finance Act 2014 (No. 37 of 2014), which previously provided for the measures referred to in paragraph (1) and were not commenced be repealed,

in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Chapter 2 of Part 3 of the Finance Act 2010 (No. 5 of 2010), which, in sections 71 and 72, provides for a relief from natural gas carbon tax for natural gas used for high-efficiency heat and power cogeneration, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Chapter 3 of Part 3 of the Finance Act 2010 (No. 5 of 2010), which, in sections 82 and 83, provides for a relief from solid fuel carbon tax for coal used for high-efficiency heat and power cogeneration, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Chapter 1 of Part 2 of the Finance Act 1999 (No. 2 of 1999), which, in section 100, provides for a relief from mineral oil tax for mineral oil used for high-efficiency heat and power cogeneration, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT Chapter 1 of Part 10 of the Value-Added Tax Consolidation Act 2010 (No. 31 of 2010), which relates to special schemes, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT section 126AA of the Stamp Duties Consolidation Act 1999 (No. 31 of 1999), which provides for a stamp duty in the form of a further levy on certain financial institutions, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

THAT section 86 of the Capital Acquisitions Tax Consolidation Act 2003 (No.1 of 2003), which provides for an exemption from capital acquisitions tax in the case of a gift or an inheritance of certain dwelling houses, be amended in the manner and to the extent specified in the Act giving effect to this Resolution.

Question put and agreed to.
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