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Taxes Consolidation Act, 1997 (Number 39 of 1997)

1059Power to add penalties to assessments.

[ITA67 s513; CTA76 s147(3) and (4)]

Where an increased rate of income tax or corporation tax is imposed as a penalty, or as part of or in addition to a penalty, the penalty and increased rate of tax may be added to the assessment and collected and levied in the like manner as any tax included in such assessment may be collected and levied.