218A Certain income of Motor Insurers’ Bureau of Ireland

This section exempts from corporation tax the income arising to the Motor Insurers’ Bureau of Ireland from investments made by it of moneys paid to the Motor Insurers Insolvency Compensation Fund under the Insurance Act 1964 (amended by the Insurance (Amendment) Act 2018) which would otherwise be chargeable under Case III or IV of Schedule D.

Relevant Date: Finance Act 2021