Select view:

Taxes Consolidation Act, 1997 (Number 39 of 1997)


219A Income of credit unions.

(1) In this section “the Act” means the Credit Union Act, 1997.

(2) Income arising to a credit union which is—

(a) registered as such under the Act, or

(b) deemed to be so registered by virtue of section 5(3) of the Act,

shall, with effect from the date of the registration or the deemed registration, as the case may be, of the credit union under the Act, be exempt from corporation tax.




Inserted by FA98 s58(1).