S.I. No. 721/2003 -- European Communities (Abolition of Withholding Tax on Certain Interest & Royalties) Regulations 2003
REGULATIONS |
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entitled |
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European Communities (Abolition of Withholding Tax on Certain Interest & Royalties) Regulations 2003 |
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European Communities (Abolition of Withholding Tax on Certain Interest and Royalties) Regulations 2003 ( S.I. No. 721 of 2003 ) |
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I, Charlie McCreevy, Minister for Finance, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 ( No. 27 of 1972 ) and for the purpose of giving effect to Council Directive 2003/49/EC of 3 June 20031 hereby make the following regulations: |
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Citation. |
1. These Regulations may be cited as the European Communities (Abolition of Withholding Tax on Certain Interest and Royalties) Regulations 2003. |
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Application. |
2. These Regulations apply as respects any payment made on or after 1 January 2004. |
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Amendment of Part 8 of Taxes Consolidation Act 1997. |
3. Part 8 (Annual Payments, Charges and Interest) of No. 39 of 1997 ) is amended by inserting the following after Chapter 5: |
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“Chapter 6 |
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Implementation of Council Directive 2003/49/EC of 3 June 2003 on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States |
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Explanatory Note |
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(This note is not part of the Instrument and does not purport to be a legal interpretation.) |
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These Regulations give effect to Council Directive 2003/49/EC on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States. |
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