Finance Act, 1987
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Application of section 79 (reduced rate of corporation tax for certain income) of Corporation Tax Act, 1976, to certain interest. |
33.—As respects any interest to which section 28 of the Finance Act, 1976 , applies on any housing loan (within the meaning of that section) granted on or after the 22nd day of May, 1987, section 79 of the Corporation Tax Act, 1976 , shall apply as if the reference in subsection (1) of the said section 79 to “35 per cent.” were a reference to “45 per cent.”. |