220 Profits of certain bodies corporate

This section exempts from corporation tax the income and chargeable gains of certain bodies. The bodies to which this exemption applies are —

• A company authorised by virtue of a licence granted by the Minister of Finance under the National Lottery Act 1986
• The Dublin Docklands Development Authority and any of its wholly owned subsidiaries;
• The Pensions Board;
• Horse Racing Ireland;
• Irish Thoroughbred Marketing Limited;
• Tote Ireland Limited;
• The Commission for Electricity Regulation.
• Limerick Twenty Thirty Strategic Development Designated Activity Company, registered on 7 July 2008 (registered number 459652).

Relevant Date: Finance Act 2021