Finance Act 2022
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Amendment of paragraph 6(2) of Schedule 1 to Principal Act (financial services - section 110 companies) | ||
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61. (1) The Principal Act is amended in Part 2 of Schedule 1, in paragraph 6(2), by the substitution of the following clause for clause (e): | ||
“(e) an undertaking that is a qualifying company for the purposes of section 110 of the Taxes Consolidation Act 1997 , other than a qualifying company which holds qualifying assets (within the meaning of the said section 110) that consist of plant and machinery;”. | ||
(2) Subsection (1) shall come into operation on 1 March 2023. |