European Union Directives (Amendment) Regulations, 2013

L.N. 179 of 2013

INCOME TAX ACT

(CAP. 123)

European Union Directives (Amendment) Regulations, 2013

IN exercise of the powers conferred by articles 52B and 96 of

the Income Tax Act, the Minister for Finance has made the following

regulations:-

(1) The title of these regulations is the European Union Citation and

Directives (Amendment) Regulations, 2013, and these regulations commencement.

shall be read and construed as one with the European Union S.L. 123.74

Directives Regulations, hereinafter referred to as "the principal

regulations".

(2) These regulations shall be deemed to have come into force

on the 1st July, 2013.

Immediately after regulation 5 of the principal regulations Adds new

regulation to the

there shall be added the following new regulation

principal

regulations.

" Directives in

Council Directive 2013/13/EU of

the field of

13 May 2013 adapting certain directives in

taxation to

the field of taxation by reason of the accession

have effect.

of the Republic of Croatia shall have effect in

relation to the Income Tax Acts in relation to

the following directives

(a)

Council Directive 2003/49/

EC of 3 June 2003 on a common system

of taxation applicable to interest and

royalty payments made between

associated companies of different

Member States;

(b) Council Directive 2009/133/

EC of 19 October 2009 on the common

system of taxation applicable to

mergers, divisions, partial divisions,

transfers of assets and exchanges of

shares concerning companies of

different Member States and to the

transfer of the registered office of an SE

or SCE between Member States; and

(c)

Council Directive 2011/96/

EU of 30 November 2011 on the

common system of taxation applicable

in the case of parent companies and

subsidiaries of different Member

States.".

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