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(3) (a) So much of Subject to section 817X, so much of any distribution as has been made out of exempt profits—

(2) Where a distribution Subject to section 817X, where a distribution for an accounting period is made by a company wholly out of exempted income, the distribution shall not be regarded as income for any purpose of the Income Tax Acts and, notwithstanding section 136, the recipient of the distribution shall not be entitled to a tax credit in respect of it .

(4) Where for any year Subject to section 817X, where for any year of assessment the income of a person who for that year of assessment is a non-resident person qualifying non-resident person includes an amount in respect of a distribution made by a company resident in the State—

(7) This section shall not apply Subject to section 817X, this section shall not apply where a relevant distribution is made by a company resident in the State and that distribution is—

(4) A person shall not be an excluded person under subsection (2)(bd) in relation to a distribution which is a relevant distribution to which section 817X applies.

(2) Section 172B Subject to section 817X, section 172B shall not apply where, on or after the 6th day of April, 2000, a company resident in the State makes a relevant distribution to a qualifying non-resident person.

(1) Subject to section 172F(6), section 172B shall not Subject to sections 172F(6) and 817X, section 172B shall not apply where a company resident in the State makes a relevant distribution through one or more than one qualifying intermediary for the benefit of a person beneficially entitled to the relevant distribution who is a non-liable person in relation to the relevant distribution.