Taxes Consolidation Act, 1997 (Number 39 of 1997)
1074Penalties for failure to give notice of liability to corporation tax.
[CTA76 s142(2)]
Where a company fails to give a notice which it is required to give under section 883—
(a) the company shall be liable to a penalty of [1]>£500<[1][4]>[1]>€630<[1]<[4][4]>€4,000<[4] and, if the failure continues after judgment has been given by the court before which proceedings for the penalty have been commenced, to a further penalty of [2]>£50<[2][2]>€60<[2] for each day on which the failure so continues, and
(b) the secretary of the company shall be liable to a separate penalty of [3]>£100<[3][5]>[3]>€125<[3]<[5][5]>€3,000<[5].
[4]
Substituted by F(No.2)A08 sched5(part2)(1)(ao)(i). The enactments specified in Schedule 5 are amended or repealed to the extent and manner specified in that Schedule and, unless the contrary is stated, shall come into effect after 24 December 2008.