Finance Act, 2000
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Amendment of section 2 (interpretation) of Principal Act. |
137.—(1) Section 2 of the Principal Act is amended by the insertion after subsection (5) of the following subsection: | |
“(5A) For the purposes of this Act— | ||
(a) a reference to a person being resident in the State on a particular date shall be construed as a reference to that person being resident in the State in the year of assessment in which that date falls (but, for those purposes, the provisions of Part 34 of the Taxes Consolidation Act, 1997 , relating to residence of individuals shall not be construed as requiring a year of assessment to have elapsed before a determination of whether or not a person is resident in the State on a date falling in that year may be made), and | ||
(b) a reference to a person being ordinarily resident in the State on a particular date shall be construed as a reference to that person being ordinarily resident in the State in the year of assessment in which that date falls.”. | ||
(2) This section shall have effect in relation to gifts or inheritances taken on or after 1 December 1999. |