Revenue’s eBrief 43/16 issues further clarification on the CG50 clearance procedures (under S980 TCA 1997), following queries from practitioners. These clarifications relate to:
- Sales by financial institutions of loans secured on land in the State in the ordinary course of trades not carried on in the State.
- Sales of such loans by "qualifying companies" under section 110 TCA 1997.
Payments made to non-resident unit holders in investment undertakings that are within sections 739B and 739C TCA 1997.
