Search for nama segment:7205454 speaker:Paschal Donohoe (KildareStreet.com)

Written Answers — Department of Finance: Tax Code (7 Sep 2018): Paschal Donohoe: Section 396C of the Taxes Consolidation Act 1997 previously restricted the amount of losses, as incurred by a NAMA participating institution from its trading operations in prior years, which could be set off against trading profits in the current year. The relief was limited to a maximum of 50% of the trading profits for each accounting period. This restriction was removed in Finance Bill...

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