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Number 15 of 1983
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FINANCE ACT, 1983
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ARRANGEMENT OF SECTIONS
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PART I
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Income Tax, Income Levy, Corporation Tax and Capital Gains Tax
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Chapter I
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Income Tax
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Section
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1.
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Amendment of section 1 (exemption from income tax) of Finance Act, 1980.
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2.
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Alteration of rates of income tax.
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3.
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Maintenance in the case of separated spouses.
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4.
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Separated spouses: adaptation of special provisions as to married persons.
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5.
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Amendment of section 6 (special allowance in respect of P.R.S.I. for 1982-83) of Finance Act, 1982.
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6.
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Amendment of Part IX (special provisions relating to year of marriage) of Income Tax Act, 1967.
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7.
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Cesser of Part XX (relief to investors in Irish securities) of Income Tax Act, 1967.
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8.
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Amendment of section 344 (exemption of interest on certain deposits) of Income Tax Act, 1967.
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9.
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Amendment of Part XXVI (appeals) of Income Tax Act, 1967.
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10.
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Amendment of section 496 (repayment for interest paid to banks, discount houses, etc.) of Income Tax Act, 1967.
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Chapter II
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Taxation of Farming Profits
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11.
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Charge of farming profits under Schedule D.
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12.
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Application for 1983-84 of section 20A (optional basis of assessment) of Finance Act, 1974.
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13.
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Farming: provision relating to relief in respect of increase in stock values.
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14.
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Amendment of section 307 (relief for losses) of Income Tax Act, 1967.
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15.
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Amendment of section 22 (farm buildings: capital allowances) of Finance Act, 1974.
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Chapter III
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Income Levy
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Chapter IV
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Anti-avoidance and Anti-evasion
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17.
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Amendment of section 175 (power to obtain information as to interest paid or credited without deduction of tax) of Income Tax Act, 1967.
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18.
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Information to be furnished by financial institutions.
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19.
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Chargeability of certain profits or gains.
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20.
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Return of property.
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21.
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Return by nominee holders of securities.
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22.
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Obligation to show tax reference number on receipts, etc.
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23.
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Publication of names of tax defaulters.
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Chapter V
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Income Tax and Corporation Tax
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24.
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Amendment of section 58 (Schedule D deduction of payments to trustees) of Finance Act, 1982.
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25.
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Amendment of provisions relating to restriction of relief for interest.
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26.
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Amendment of provisions relating to relief in respect of increase in stock values.
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27.
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Application of section 31 (building societies) of Corporation Tax Act, 1976, for 1983-84.
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28.
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Distributions: increase in tax credits, etc.
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29.
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Application of section 23 (deduction for certain expenditure on construction of rented residential accommodation) of Finance Act, 1981.
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30.
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Application of section 24 (provisions supplementary to section 23) of Finance Act, 1981.
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Chapter VI
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Corporation Tax
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31.
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Continuance of relief in respect of increase in employment.
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32.
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Exemption from corporation tax of profits of Bord Gáis Éireann.
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33.
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Amendment of section 56 (export of certain goods) of Corporation Tax Act, 1976.
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34.
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Extension of exempted transactions in relation to agricultural societies.
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35.
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Amendment of section 98 (loans to participators, etc.) of Corporation Tax Act, 1976.
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36.
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Amendment of section 143 (return of profits) of Corporation Tax Act, 1976.
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37.
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Amendment of section 146 (appeals) of Corporation Tax Act, 1976.
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Chapter VII
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Advance Corporation Tax
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38.
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Liability for advance corporation tax.
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39.
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Set-off of advance corporation tax.
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40.
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Rectification of excessive set-off of advance corporation tax.
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41.
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Calculation of advance corporation tax where company receives distributions.
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42.
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Tax credit recovered from company.
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43.
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Restriction as to payment of tax credit.
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44.
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Group dividends.
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45.
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Surrender of advance corporation tax.
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46.
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Change in ownership of company: calculation and treatment of advance corporation tax.
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47.
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Distributions to certain non-resident companies.
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48.
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Interest in respect of certain securities.
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49.
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Dividends paid before 1st July, 1983.
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50.
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Returns and collection of advance corporation tax.
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51.
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Cesser of certain provisions.
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52.
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Transitional reduction of advance corporation tax.
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53.
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Application of Corporation Tax Acts.
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Chapter VIII
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Capital Gains Tax
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PART II
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Customs and Excise
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57.
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Foreign travel.
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58.
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Televisions.
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59.
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Video players.
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60.
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Hydrocarbons.
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61.
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Motor Vehicles.
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62.
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Gaming licences.
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63.
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Gaming machine licences.
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64.
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Firearm certificates.
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65.
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Dogs.
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66.
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Auctioneers and house agents.
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67.
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Bookmakers.
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68.
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Repayment of excise duty on licences not used.
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69.
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Amendment of section 50 (penalty for the wholesale dealing in or the sale by retail of intoxicating liquor without a licence) of Finance (1909-10) Act, 1910.
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70.
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Amendment of section 21 (duties on hydrocarbon oils) of Finance Act, 1935.
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71.
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Amendment of section 23 (forfeiture) of Finance Act, 1946.
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72.
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Amendment of section 34 (amendments relative to penalties) of Finance Act, 1963.
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73.
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Excise duties on licences for mechanically propelled vehicles.
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74.
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Increase of excise duty on driving licences.
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75.
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Increase of excise duties on motor vehicle trade licences.
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76.
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Confirmation of Orders.
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PART III
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Value-Added Tax
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77.
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Interpretation (Part III).
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78.
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Amendment of section 3 (delivery of goods) of Principal Act.
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79.
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Amendment of section 8 (accountable persons) of Principal Act.
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80.
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Amendment of section 9 (registration) of Principal Act.
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81.
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Amendment of section 11 (rates of tax) of Principal Act.
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82.
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Amendment of section 12A (special provisions for tax invoiced by flat-rate farmers) of Principal Act.
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83.
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Amendment of section 15 (charge of tax on imported goods) of Principal Act.
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84.
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Amendment of section 19 (tax due and payable) of Principal Act.
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85.
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Amendment of section 25 (appeals) of Principal Act.
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86.
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Amendment of Second Schedule to Principal Act.
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87.
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Amendment of Third Schedule to Principal Act.
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88.
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Insertion of Sixth Schedule in Principal Act.
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89.
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Relief for hotels etc.
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PART IV
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Stamp Duties
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90.
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Levy on banks.
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91.
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Amendment of section 17 (stamp duty in respect of credit cards and charge cards) of Finance (No. 2) Act, 1981.
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92.
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Amendment of section 74 (stamp duty on gifts inter vivos) of Finance (1909-10) Act, 1910.
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93.
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Amendment of section 92 (levy on certain premiums of insurance) of Finance Act, 1982.
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PART V
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Revenue Offences
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PART VI
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Residential Property Tax
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95.
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Interpretation (Part VI).
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96.
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Charge of residential property tax.
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97.
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Taxable residential property of a person.
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98.
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Market value of property.
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99.
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Apportionment of market values.
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100.
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Market value exemption limit.
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101.
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Income exemption limit.
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102.
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Marginal reliefs.
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103.
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Delivery of returns.
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104.
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Assessment and payment of tax.
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105.
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Interest on tax.
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106.
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Payment to Collector.
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107.
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Overpayment of tax.
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108.
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Appeals regarding value of residential property.
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109.
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Appeals in other cases.
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110.
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Recovery of tax.
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111.
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Evidence in proceedings for recovery.
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112.
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Penalties.
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113.
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Relief from double taxation.
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114.
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Extension of certain Acts.
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115.
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Regulations.
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116.
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Authorisation of officers.
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PART VII
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Miscellaneous
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117.
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Capital Services Redemption Account.
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118.
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Amendment of section 54 of Finance Act, 1970.
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119.
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Payments from Central Fund to Post Office Savings Bank Fund.
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120.
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Repeals.
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121.
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Care and management of taxes and duties.
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122.
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Short title, construction and commencement.
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FIRST SCHEDULE
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Rates of Excise Duty on Televisions
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SECOND SCHEDULE
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Rates of Excise Duty on Gaming Licences
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THIRD SCHEDULE
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Rates of Excise Duty on Firearm Certificates
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FOURTH SCHEDULE
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Enactments Repealed
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Acts Referred to
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Auctioneers and House Agents Act, 1947
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1947, No. 10
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Bankers' Books Evidence Acts, 1879 and 1959
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Betting Act, 1931
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1931, No. 27
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Capital Acquisitions Tax Act, 1976
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1976, No. 8
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Capital Gains Tax Act, 1975
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1975, No. 20
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Capital Gains Tax (Amendment) Act, 1978
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1978, No. 33
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Central Bank Act, 1971
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1971, No. 24
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Central Fund (Permanent Provisions) Act, 1965
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1965, No. 26
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Corporation Tax Act, 1976
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1976, No. 7
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Criminal Procedure Act, 1967
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1967, No. 12
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Finance (1909-10) Act, 1910
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1910, c. 8
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Finance Act, 1922
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1922, c. 17
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Finance Act, 1925
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1925, No. 28
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Finance Act, 1926
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1926, No. 35
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Finance Act, 1931
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1931, No. 31
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Finance Act, 1933
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1933, No. 15
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Finance Act, 1935
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1935, No. 28
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Finance Act, 1940
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1940, No. 14
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Finance Act, 1946
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1946, No. 15
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Finance Act, 1947
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1947, No. 15
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Finance Act, 1950
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1950, No. 18
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Finance Act, 1956
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1956, No. 22
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Finance Act, 1961
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1961, No. 23
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Finance Act, 1963
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