Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 64:

In page 180, line 4, after “tax” to insert “or the universal social charge”.

The purpose of these amendments is to insert a reference to the universal social charge, USC. As the Bill stands, there is a prohibition on the payment of remuneration to a director free of income tax. It is, however, silent regarding the USC. It is proposed this section be amended to include the USC, so that it shall not be lawful to pay a director a remuneration free of income tax and the USC.

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