Finance Act, 1923

Certain interest, dividends and annuities, may be charged under Schedule D.

8.—(1) Where any interest, dividends, annuities or shares of annuities to which this section applies or the profits attached to any such interest, dividends or annuities fall to be charged under the Rules of Schedule C of the Income Tax Act, 1918, but are in fact not assessed for any year under that Schedule, such interest, dividends, annuities, shares of annuities or profits may be charged and assessed on and shall be payable by the person entitled to receive such interest, dividends, or other annual payments for that year under the appropriate Case of Schedule D.

(2) This section applies to all interest, dividends, annuities and shares of annuities payable out of any public revenue of Saorstát Eireann or out of any public revenue of Great Britain or of Northern Ireland or of Great Britain and Northern Ireland.