Search results with tag "Undistributed"

companies Surcharge on undistributed income of service

Section 441 Taxes Consolidation Act 1997 (TCA 1997) provides for an additional charge of corporation tax (referred to as a “surcharge”) on close companies which are service companies (as defined) in respect of certain undistributed income. The rate of the surcharge is 15% on such undistributed income.

  Services, Income, Close, Surcharges, Consolidation, Surcharge on undistributed income of service, Undistributed