FINANCIAL RESOLUTION No. 1

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VALUE-ADDED TAX

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(1)     THAT in this Resolution-

          “Principal Act” means the Value-Added Tax Act 1972 (No. 22 of 1972);

          “Act of 2001” means the Finance Act 2001 (No. 7 of 2001).

 

(2)     THAT -

(a)    the rate of value-added tax on the supply of livestock and live greyhounds and the hire of horses be increased from 4.3 per cent to 4.4 per cent of the amount on which tax is chargeable in relation to the supply of such goods and services, and

 

(b)    that, accordingly, subsection (1) (inserted by the Finance Act 1992 (No. 9 of 1992)) of section 11 of the Principal Act be amended by substituting in paragraph (f) of “4.4 per cent” for “4.3 per cent” (inserted by the Act of 2001).

 

(3)     THAT the rate of flat-rate addition to the consideration in respect of the supply of agricultural produce or an agricultural service by a flat-rate farmer be increased from 4.3 per cent to 4.4 per cent, and that, accordingly, section 12A (inserted by the Value-Added Tax (Amendment) Act 1978 (No. 34 of 1978)) of the Principal Act be amended by substituting “4.4 per cent” for “4.3 per cent” in subsection (1)   (inserted by the Act of 2001).

 

(4)           THAT this Resolution shall have effect as on and from 1 January 2004.

 

(5)     IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).


 

 

 

FINANCIAL RESOLUTION No. 2

 

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VALUE-ADDED TAX

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(1)    THAT section 4 of the Value-Added Tax Act 1972 (No. 22 of 1972) be amended by substituting the following for subsection (6)-

 

“(6) Notwithstanding anything in this section or in section 2 tax shall not be charged on the supply of immovable goods-

 

(a)           in relation to which a right in favour of the person making the supply to a deduction under section 12 in respect of any tax borne or paid on the supply or development of the goods did not arise and would not, apart from section 3(5)(b)(iii), have arisen, or

 

(b)           which had been occupied before the specified day and had not been developed between that date and the date of the supply,

 

other than a supply of immovable goods to which the provisions of subsection (5) apply.”.

 

(2)    THAT this Resolution shall have effect as on and from 4 December 2003. 

 

(3)  IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).

 

 


 

FINANCIAL RESOLUTION No. 3

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EXCISE

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Mineral Oils

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(1) THAT for the purposes of the tax charged by virtue of section 95 of the Finance Act 1999 (No. 2 of 1999), that Act is amended, with effect as on and from 4 December 2003, by substituting the following for Schedule 2 to that Act, as amended by section 91 of the Finance Act 2003 (No. 3 of 2003):

 

SCHEDULE 2

 

Rates of Mineral Oil Tax

Description of Mineral Oil Rate of Duty
   
Light Oil:  
Leaded petrol €553.04  per 1,000 litres
Unleaded petrol €442.68  per 1,000 litres
Super unleaded petrol €547.79  per 1,000 litres
Aviation gasoline €276.52  per 1,000 litres
   
Heavy Oil:  
Used as a propellant with a maximum sulphur content of 50 milligrammes per kilogramme €368.05  per 1,000 litres
   
Other heavy oil used as a propellant €420.44  per 1,000 litres
Kerosene used other than as a propellant   31.74  per 1,000 litres
Fuel oil   13.45  per 1,000 litres
Other heavy oil   47.36  per 1,000 litres
   
Liquefied Petroleum Gas:  
Used as a propellant   53.01  per 1,000 litres
Other liquefied petroleum gas   18.15  per 1,000 litres
   
Substitute Fuel:  
Used as a propellant €368.05  per 1,000 litres
Other substitute fuel   47.36  per 1,000 litres
   
   

 

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(2) It is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).


 

FINANCIAL RESOLUTION No. 4

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EXCISE

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Tobacco Products

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   (1)   THAT in this Resolution -

 

“Act of 1977” means the Finance (Excise Duty on Tobacco Products) Act 1977 (No. 32 of 1977);

 

“cigarettes”, “cigars”, “fine-cut tobacco for the rolling of cigarettes” and “smoking tobacco” have the same meanings as they have in the Act of 1977, as amended by section 86 of the Finance Act 1997 (No. 22 of 1997) and by section 94 of the Finance Act 2002 (No. 5 of 2002).

 

   (2)   THAT the duty of excise on tobacco products imposed by section 2 of the Act of 1977 shall, in lieu of the several rates specified in Schedule 3 to the Finance Act 2003 (No. 3 of 2003), be charged, levied and paid, as on and from 4 December 2003 at the several rates specified in the Schedule to this Resolution.

 

   (3)   IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).

 

 

 

SCHEDULE

Rates Of Excise Duty On Tobacco Products

 

 

         Description of Product

            Rate of Duty

 

 

Cigarettes   ...        ...         ...         

€133.39 per thousand together with an amount equal to 18.32 per cent of the price at which the cigarettes are sold by retail

 

 

 

 

 

 

Cigars       ...         ...         ...         

€196.409 per kilogram

 

 

 

 

Fine-cut tobacco for the rolling of cigarettess   ...                       

€165.740 per kilogram

 

 

Other smoking tobacco    ...         

€136.261 per kilogram

 

 

 


 

 

FINANCIAL RESOLUTION No. 5

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GENERAL

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THAT it is expedient to amend the law relating to inland revenue (including value-added tax and excise) and to make further provision in connection with finance.