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No. 19/1972:
FINANCE ACT, 1972
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ARRANGEMENT OF SECTIONS
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PART I INCOME TAX
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CHAPTER I General
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1 Charge of income tax and sur-tax.
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2 Amendment of sections 127 and 128 of Income Tax Act, 1967.
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3 Amendment of section 135 of Income Tax Act, 1967.
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4 Amendment of section 138 of Income Tax Act, 1967.
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5 Amendment of section 141 of Income Tax Act, 1967.
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6 Amendment of section 142 of Income Tax Act, 1967.
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7 Amendment of section 485 of Income Tax Act, 1967.
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8 Amendment of section 486 of Income Tax Act, 1967.
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9 Amendment of section 12 of Finance Act, 1967.
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10 Cesser of section 1 of Finance (No. 2) Act, 1970.
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11 Payment of interest on Central Bank Reserve Bonds without deduction of tax.
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12 Amendment of certain enactments.
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CHAPTER II Occupational Pension Schemes
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13 Interpretation and supplemental.
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14 Definition of retirement benefits scheme.
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15 Conditions for approval of schemes and discretionary approval.
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16 Certain approved schemes: exemptions and reliefs.
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17 Certain statutory schemes: exemptions and reliefs.
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18 Charge to tax in respect of certain relevant benefits provided for employees.
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19 Exceptions from charge to tax under section 18.
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20 Charge to tax of pensions under Schedule E.
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21 Charge to tax on repayment of employee's contributions.
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22 Charge to tax: commutation of entire pension in special circumstances.
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23 Charge to tax: repayments to employer.
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24 Amendments of schemes.
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25 Relief for certain payments.
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PART II DEATH DUTIES
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26 Alteration of rates of estate duty.
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27 Provisions consequential on alteration of rates estates duty.
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28 Amendment of section 24 of Finance Act, 1965.
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29 Abatement of estate duty.
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30 Amendment of section 7 of Finance Act, 1894.
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31 Amendment of section 33 of Finance (1909-10) Act, 1910.
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32 Discretionary trusts.
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33 Appeals in certain cases to Appeal Commissioners against valuation of property for estate duty.
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PART III STAMP DUTIES
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34 Stamp duty on loan capital.
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35 Amendment of section 19 of Finance Act, 1950.
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36 Appeals in certain cases to Appeal Commissioners against valuation of property for stamp duty.
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PART IV CORPORATION PROFITS TAX
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37 Continuance of certain exemptions from corporation profits tax.
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38 Amendment of section 52 of Finance Act, 1920.
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39 Amendment of section 43 of Finance Act, 1922.
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PART V MISCELLANEOUS
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40 Capital Services Redemption Account.
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41 Winding up of Capital Fund.
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42 Amendment of sections 246 and 251 of Income Tax Act, 1967.
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43 Exemption of credit unions from income tax and corporation profits tax.
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44 Relief from certain duties (illegitimate children).
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45 Relief from certain duties (adopted children).
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46 Repeals.
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47 Care and management of taxes and duties.
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48 Short title, construction and commencement.
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FIRST SCHEDULE
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SECOND SCHEDULE
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THIRD SCHEDULE
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FOURTH SCHEDULE
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AN ACT TO CHARGE AND IMPOSE CERTAIN DUTIES OF CUSTOMS AND INLAND REVENUE, TO AMEND THE LAW RELATING TO CUSTOMS AND INLAND REVENUE AND TO MAKE FURTHER PROVISIONS IN CONNECTION WITH FINANCE.
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[24th July, 1972]
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BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:
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