Finance Act, 1968
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Interest on tax recoverable under section 7 or 8. |
9.—The provisions of section 129 of the Income Tax Act, 1967 , shall apply— | |
(a) to tax recoverable by virtue of a notice under section 7 as if the tax were tax which the person was liable under the regulations to pay for the respective income tax month or months comprised in the notice: | ||
Provided that, where the notice relates to tax for which the means of payment is stamps affixed to a part of a stamp book which is required by the regulations to be sent to the Revenue Commissioners during a particular period, the interest shall be calculated as from the expiration of that period, and | ||
(b) to tax recoverable by virtue of a notice under section 8 as if the tax were tax which the person was liable under the regulations to remit for the income tax month during which the period of fourteen days from the service of the notice expired or the appeal was determined by agreement or otherwise, whichever month is the later. |