Finance Act, 1987
|
Exemption from corporation tax of profits arising from the National Lottery. |
34.—Notwithstanding any provision of the Corporation Tax Acts, profits arising in any accounting period ending after the 31st day of December, 1986, to a company authorised by virtue of a licence granted by the Minister for Finance under the National Lottery Act, 1986 , to hold the National Lottery, shall be exempt from corporation tax. |