Special Committee Corporation Tax Bill, 1975 debate -
Tuesday, 2 Mar 1976

SECTION 151.

Mr. R. Ryan

I move amendment No. 36:

In page 136, subsection (11) (b), line 45, after " shall " to insert the following:

" , notwithstanding the provisions of section 477 of the Income Tax Act, 1967,".

This is a technical amendment required to remove a possible conflict between the paragraph, which provides a due date for tax assessed under the section, and section 477 of the Income Tax Act, 1967, which provides a different due date.

Amendment agreed to.

Question proposed: " That section 151, as amended, stand part of the Bill."

Mr. R. Ryan

This section regulates the time and manner in which Irish resident companies are to account for and pay income tax in respect of payments from which income tax is deductible.

Question put and agreed to.