Seanad debates
Wednesday, 27 May 2009
Companies (Amendment) Bill 2009: Committee Stage (Resumed)
12:00 pm
Mary Coughlan (Donegal South West, Fianna Fail)
Section 10 of the Bill is amended to allow companies which are in a holding company or sister company relationship with a company that has a real and continuous link with economic activity in the State to register in Ireland. The previous wording allowed only those in a subsidiary relationship to such companies to do so but following examination and consultation with the Revenue Commissioners this was seen to be too restrictive.
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