IE
S.I. No. 430/1985 - Value-Added Tax (Exempted Activities) (No. 1) Order, 1985.
Statutory Text (3 Articles)
1. This Order may be cited as the Value-Added Tax (Exempted Activities) (No. 1) Order, 1985.
2. The First Schedule to the
Value-Added Tax Act, 1972
, is hereby amended by the insertion after paragraph (xi) of the following paragraph
"(xia) services supplied to a person under arrangements which provide for the reimbursement of the person in respect of the supply by him of goods or services in accordance with a credit card, charge card or similar card scheme;".
GIVEN under my Official Seal this 20th day of December, 1985.
ALAN M. DUKES,
Minister for Finance.
EXPLANATORY NOTE.
This Order concerns the arrangements whereby credit card companies reimburse traders for goods and services supplied to cardholders. It provides that such service shall be exempted activity for VAT purposes.
S.I. No. 430 of 1985.
VALUE-ADDED TAX (EXEMPTED ACTIVITIES) (NO. 1) ORDER, 1985.
I, ALAN M. DUKES, Minister for Finance, in exercise of the powers conferred on me by
section 6
(2) of the
Value-Added Tax Act, 1972
(No. 22 of 1972), hereby make the following Order