Pearse Doherty
Ceist:196. Deputy Pearse Doherty asked the Minister for Finance the process by which companies are designated as section 110 companies; and if he will make a statement on the matter. [22464/16]
Amharc ar fhreagraTuesday, 19 July 2016
Ceisteanna (196)
Freagraí scríofa
I am informed by the Revenue Commissioners (Revenue) that a company that is, or intends to be, a qualifying company within the meaning of section 110 Taxes Consolidation Act 1997 must notify Revenue in writing. In notifying Revenue of such intent, the company confirms that it complies with the conditions attaching to a qualifying company. This notification is a self-assessment process.