Number 20/1957: FINANCE ACT, 1957

Next (PART I. Income Tax.)

20 1957

[GA]

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Number 20 of 1957.

[GA]

FINANCE ACT, 1957.

ARRANGEMENT OF SECTIONS

Part I.

INCOME TAX.

Section
1.	Income tax and sur-tax for the year 1957-58.
2.	Amendment of Rule 6 of Rules applicable to Cases I and II of Schedule D of Income Tax Act, 1918.
3.	Amendment of section 20 (1) (b) of Finance Act, 1922.
4.	Amendment of section 7 of Finance Act, 1932.
5.	Amendment of section 12 of Finance (Miscellaneous Provisions) Act, 1956.
6.	Payment of interest on Bord na Móna securities.

Part II.

CUSTOMS AND EXCISE.

7.	Tobacco.
8.	Tobacco (excise duty on certain stocks).
9.	Beer.
10.	Hydrocarbon oils.
11.	Repayment of duty on hydrocarbon oil used in manufacture.
12.	Entertainments duty—rates in the case of cinematographic exhibitions.
13.	Amendment of section 17 of Finance Act, 1936.
14.	Confirmation of Orders.

Part III.

DEATH DUTIES.

15.	Amendment of section 21 of Finance Act, 1956.

Part IV.

CORPORATION PROFITS TAX.

16.	Amendment of section 13 of Finance (Miscellaneous Provisions) Act, 1956.

Part V.

SHIPPING INVESTMENT ALLOWANCES: INCOME TAX, SUR-TAX AND CORPORATION PROFITS TAX.

17.	Shipping investment allowances.
18.	Provisions relating to Rules 6 (1) (6) and 7 of Rules applicable to Cases I and II of Schedule D.
19.	Application of Rule 6 (3) of Rules applicable to Cases I and II of Schedule D and section 4 of Finance Act, 1937.
20.	Meaning of “basis period”.
21.	Withdrawal of shipping investment allowance.
22.	Shipping investment allowances in relation to corporation profits tax.
23.	Construction of this Part of this Act.

Part VI.

STAMP DUTIES.

24.	Agreements as to stamp duty on certain receipts.

Part VII.

MISCELLANEOUS AND GENERAL.

25.	Capital Services Redemption Account.
26.	Amendment of section 7 (4) of Land Bond Act, 1934.
27.	Amendment of section 34 of Finance Act, 1956.
28.	Care and management of taxes and duties.
29.	Short title, construction and commencement.

SCHEDULE.

Acts Referred to
Finance Act, 1949	No. 13 of 1949
Finance Act, 1956	No. 22 of 1956
Finance (Miscellaneous Provisions) Act, 1956	No. 47 of 1956
Finance Act, 1940	No. 14 of 1940
Finance Act, 1932	No. 20 of 1932
Finance Act, 1935	No. 28 of 1935
Finance Act, 1924	No. 27 of 1924
Finance Act, 1934	No. 31 of 1934
Finance Act, 1950	No. 18 of 1950
Finance Act, 1954	No. 22 of 1954
Finance Act, 1933	No. 15 of 1933
Finance Act, 1952	No. 14 of 1952
Finance (Customs Duties) (No. 4) Act, 1931	No. 43 of 1931
Finance (Miscellaneous Provisions) Act, 1935	No. 7 of 1935
Road Transport Act, 1932	No. 2 of 1932
Finance Act, 1948	No. 12 of 1948
Finance Act, 1953	No. 21 of 1953
Finance Act, 1936	No. 31 of 1936
Finance (Miscellaneous Provisions) Act, 1956	No. 47 of 1956
Finance Act, 1937	No. 18 of 1937
Land Bond Act, 1934	No. 11 of 1934
(Special Import Levies and Motor Car Duty) Order, 1957	(S.I. No. 70 of 1957)

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Number 20 of 1957.

FINANCE ACT, 1957.

AN ACT TO CHARGE AND IMPOSE CERTAIN DUTIES OF CUSTOMS AND INLAND REVENUE (INCLUDING EXCISE), TO AMEND THE LAW RELATING TO CUSTOMS AND INLAND REVENUE (INCLUDING EXCISE) AND TO MAKE FURTHER PROVISIONS IN CONNECTION WITH FINANCE. [18th July, 1957.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—