Links from Section 128E | ||
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Act | Linked to | Context |
Taxes Consolidation Act, 1997 |
(5) Where this section applies, any charge to income tax under Schedule E (and computed in accordance with section 112 or 128, as the case may be), or under Schedule D, on the acquisition of the shares, shall be computed by reference to the market value of the shares at the date of acquisition but without regard to provision in a contract or agreement referred to in subsection (3) for the forfeiture of the shares. |
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Taxes Consolidation Act, 1997 |
(a) a director or employee acquires shares (including shares acquired on the exercise of a right to which section 128 applies) in a company as a director or employee of that company or of another company, and |
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Taxes Consolidation Act, 1997 |
(5) Where this section applies, any charge to income tax under Schedule E (and computed in accordance with section 112 or 128, as the case may be), or under Schedule D, on the acquisition of the shares, shall be computed by reference to the market value of the shares at the date of acquisition but without regard to provision in a contract or agreement referred to in subsection (3) for the forfeiture of the shares. |
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Taxes Consolidation Act, 1997 |
(8) Notwithstanding section 546(2), where subsection (6) of this section applies, the amount of a loss accruing on the forfeiture of the shares shall not exceed the amount of consideration given by the director or employee for the acquisition of the shares less any amount received by the director or employee on the forfeiture of the shares. |
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Taxes Consolidation Act, 1997 |
“market value” shall be construed in accordance with section 548; |
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Taxes Consolidation Act, 1997 |
“director” and “employee” have the meanings, respectively, given to them by section 770(1); |
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Taxes Consolidation Act, 1997 |
(7) Subsection (6) applies notwithstanding any limitation in section 865(4) on the time within which a claim for a repayment of tax is required to be made. Section 865(6) does not prevent the Revenue Commissioners from repaying an amount of tax as a consequence of any adjustment made in accordance with subsection (6). |
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Taxes Consolidation Act, 1997 |
(7) Subsection (6) applies notwithstanding any limitation in section 865(4) on the time within which a claim for a repayment of tax is required to be made. Section 865(6) does not prevent the Revenue Commissioners from repaying an amount of tax as a consequence of any adjustment made in accordance with subsection (6). |
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Links to Section 128E (from within TaxSource Total) | ||
Act | Linked from | Context |
Taxes Consolidation Act, 1997 |