Finance Act, 1988
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Amendment of section 31 (interest payments by companies and to non-residents) of Finance Act, 1974. |
38.— Section 31 of the Finance Act, 1974 , is hereby amended by the insertion in subsection (3), after paragraph (c), of the following paragraph— | |
“(cc) interest paid to a person whose usual place of abode is outside the State by a company in the course of carrying on relevant trading operations within the meaning of section 39A (inserted by the Finance Act, 1981 ) or section 39B (inserted by the Finance Act, 1987 ) of the Finance Act, 1980 , or”. |