217 Certain income of Nitrigin Éireann Teoranta

This section, which is now effectively spent, provided for a temporary exemption from corporation tax for Nítrigin Éireann Teoranta (NET) on its trading profits from the business of selling gas, purchased from Bord Gais Éireann, to Irish Fertiliser Industries Limited. The exemption was granted for the period 1 January, 1987 to 31 December, 1999 and was confined to NET’s income in that period which, but for this section, would have been chargeable under Case I of Schedule D.

Relevant Date: Finance Act 2021