Links from Section 299 | ||
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Act | Linked to | Context |
Taxes Consolidation Act, 1997 |
(f) where the lessee is not tax resident in the State, it is reasonable to consider that the amount which may be taken into account by the lessee as an expenditure or expense, or which may otherwise be deducted, allowed or relieved in computing the profits or gains on which tax falls finally to be borne for the purposes of foreign tax (within the meaning of section 835Z(1)) is similar to that calculated under subsection (3) and not similar to that calculated under section 76D, |
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Taxes Consolidation Act, 1997 |
(ii) the lease term is greater than or equal to 65 per cent of the predictable useful life (within the meaning of section 80A) of the leased asset; |
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Taxes Consolidation Act, 1997 |
(1) Subject to subsection (3), where machinery or plant is let by means of a
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Taxes Consolidation Act, 1997 |
that this section shall apply for the purposes of sections 283 and 284 by giving notice in writing to the inspector on or before the specified return date for the chargeable period (within the
meaning of
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Taxes Consolidation Act, 1997 |
(1) Subject to subsection (3), where machinery or plant is let by means of a
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Taxes Consolidation Act, 1997 |
that this section shall apply for the purposes of sections 283 and 284 by giving notice in writing to the inspector on or before the specified return date for the chargeable period (within the
meaning of
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Taxes Consolidation Act, 1997 |
(2) Subsection (2) of section 285 shall not apply to qualifying machinery or plant (within the meaning of that section) which is let to a person on the terms
mentioned in subsection (1), unless the contract of letting provides that the person shall or may become the owner of the machinery or plant on the performance
of the contract, and, where the contract so provides but without becoming the owner of the machinery or plant the person ceases
to be entitled (otherwise than on his or her death) to the benefit of the contract in so far as it relates to the machinery
or plant, subsection (2) of section 285 shall be deemed not to have applied in relation to the machinery or plant and accordingly there shall be made
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Taxes Consolidation Act, 1997 |
(2) Subsection (2) of section 285 shall not apply to qualifying machinery or plant (within the meaning of that section) which is let to a person on the terms
mentioned in subsection (1), unless the contract of letting provides that the person shall or may become the owner of the machinery or plant on the performance
of the contract, and, where the contract so provides but without becoming the owner of the machinery or plant the person ceases
to be entitled (otherwise than on his or her death) to the benefit of the contract in so far as it relates to the machinery
or plant, subsection (2) of section 285 shall be deemed not to have applied in relation to the machinery or plant and accordingly there shall be made
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Taxes Consolidation Act, 1997 |
(d) the open-market price (within the meaning of section 289(1)) of the leased asset; |
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Taxes Consolidation Act, 1997 |
(d) the open-market price (within the meaning of section 289(1)) of the leased asset; |
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Taxes Consolidation Act, 1997 |
(iii) the open-market price (within the meaning of section 289(1)) of the leased asset; |
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Taxes Consolidation Act, 1997 |
(d) the total open-market price (within the meaning of section 289(1)) of the leased asset at the time the allowances referred to in paragraph (c) were originally transferred. |
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Taxes Consolidation Act, 1997 |
(d) the leased asset is not new machinery or plant for the purposes of an election by the lessor under section 290, |
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Taxes Consolidation Act, 1997 |
(10) Notwithstanding the generality of this section, section 539 shall not apply to a lease of machinery or plant other than a lease in respect of which a valid election or claim under this section was made. |
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Taxes Consolidation Act, 1997 |
(ii) the lessee is not resident in the State but is, under arrangements that have the force of law by virtue of section 826(1), regarded as being a resident of a territory with the government of which such arrangements have been made, the name of that territory, |
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Taxes Consolidation Act, 1997 |
(ii) the lessor is not resident in the State but is, under arrangements that have the force of law by virtue of section 826(1), regarded as being a resident of a territory with the government of which such arrangements have been made, the name of that territory, |
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Taxes Consolidation Act, 1997 |
(f) where the lessee is not tax resident in the State, it is reasonable to consider that the amount which may be taken into account by the lessee as an expenditure or expense, or which may otherwise be deducted, allowed or relieved in computing the profits or gains on which tax falls finally to be borne for the purposes of foreign tax (within the meaning of section 835Z(1)) is similar to that calculated under subsection (3) and not similar to that calculated under section 76D, |
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Taxes Consolidation Act, 1997 |
(i) the lessee is resident in the State, the tax reference number (within the meaning of section 891B) of the lessee, |
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Taxes Consolidation Act, 1997 |
(i) the lessor is resident in the State, the tax reference number (within the meaning of section 891B) of the lessor, |
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Taxes Consolidation Act, 1997 |
that this section shall apply for the purposes of sections 283 and 284 by giving notice in writing to the inspector on or before the specified return date for the chargeable period (within the
meaning of
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Taxes Consolidation Act, 1997 |
(b) the total number of relevant leases to which these provisions apply in the chargeable period (within the meaning of section 959A) to which the return relates; |
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Links to Section 299 (from within TaxSource Total) | ||
Act | Linked from | Context |
Taxes Consolidation Act, 1997 |
(2) (a) Subject to this section and section 299(2), where for any chargeable period a wear and tear allowance is to be made under section 284 in relation to any qualifying machinery or plant, the allowance shall, subject to section 284(4), be increased by such amount as is specified by the person to whom the allowance is to be made and, in relation to a case in which this subsection has applied, any reference in the Tax Acts to an allowance made under section 284 shall be construed as a reference to that allowance as increased under this subsection. |
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Taxes Consolidation Act, 1997 |
(2) (a) Where an individual carrying on a qualifying trade proves to have incurred qualifying expenditure, then, for the purposes of this Chapter, other than sections 298 and 299, and for the purposes of Chapter 4 of this Part— |
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Taxes Consolidation Act, 1997 |
(a) after the setting up and before the permanent discontinuance of the trade, the entering into a lease of machinery or plant, as lessor, on the terms described in section 299(1), notwithstanding the fact that the machinery or plant has not ceased to belong to the person carrying on the trade, or |
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Taxes Consolidation Act, 1997 |
(b) after the setting up and before the permanent discontinuance of the trade the right to use the machinery or plant reverts to a lessor following the conclusion of a relevant lease (within the meaning of section 299) in respect of which a valid election or claim under section 299 was made, notwithstanding the fact that the machinery or plant belonged to the lessor— |
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Taxes Consolidation Act, 1997 |
(b) after the setting up and before the permanent discontinuance of the trade the right to use the machinery or plant reverts to a lessor following the conclusion of a relevant lease (within the meaning of section 299) in respect of which a valid election or claim under section 299 was made, notwithstanding the fact that the machinery or plant belonged to the lessor— |
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Taxes Consolidation Act, 1997 |
(b) The reference in paragraph (a) to expenditure incurred by a company shall not include any expenditure which it is deemed to have incurred in accordance with section 299. |
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Taxes Consolidation Act, 1997 |
(4) Where the disposal is of an asset of machinery or plant that is, or has previously been, the subject of a lease on the terms described in section 299(1), the amount of capital allowances to be excluded from the sums allowable as a deduction shall also include the capital allowances that would have been, or may have been, made in respect of that expenditure, but for the transfer of that burden of wear and tear to the lessee. |
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Taxes Consolidation Act, 1997 |
(a) the machinery or plant was previously the subject of a lease, on the terms described in section 299(1), and |
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Taxes Consolidation Act, 1997 |
(1) In this section and sections 299 and 403— |
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Taxes Consolidation Act, 1997 |
(2) Subject to sections 80A and 299, Chapter 8 of Part 4, and subsection (4), for the purposes of computing income of a company from a trade of leasing, the income of a lessor from a finance lease— |
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Taxes Consolidation Act, 1997 |
(3) Subject to sections 80A and 299, Chapter 8 of Part 4, and subsection (4), for the purposes of computing the trading profits of a company which is the lessee in respect of a leased asset that is employed in that trade, the amount to be deducted in computing the profits or gains of a lessee— |