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

SECTION 128.

Question proposed: " That section 128 stand part of the Bill."

The section provides that where the cost of the construction of any building is met out of borrowed money, any interest on such money which the company has charged to capital is to be taken into account in computing a gain accruing to the company on the disposal of the building.

Question put and agreed to.
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