Committee Reports > List of Committees > Joint > 1976 > Committee on the Secondary Legislation of the European Communities > Report No. 26 - Company Taxation and Witholding of Taxes on Dividends, Harmonisation of Systems

IMEACHTAÍ AN CHOMHCHOISTE

PROCEEDINGS OF THE JOINT COMMITTEE

Dé Céadaoin, 24 Márta, 1976

Wednesday, 24th March, 1976

1. The Joint Committee met at 4.00 p.m.

2. Members Present.

The following members were present:

Deputies Haughey (in the Chair), Collins, Dockrell, Esmonde, Fahey, Gibbons and Staunton; Senators Boland, Higgins and Yeats. Apologies for inability to attend were received from Deputy Kavanagh and from Senators Lenihan and Robinson.

3. Draft Report on Proposed Council Directive on the Harmonisation of Systems of Company Taxation and of Withholding Taxes on Dividends.

The Chairman brought forward a Draft Report which was read as follows:—

(i) Paragraphs 1 to 5 inclusive, agreed to.

(ii) Paragraph 6.

Amendment proposed (Deputy Collins):

“To delete the final sentence of the paragraph and to substitute the following:—

‘Accordingly, the Joint Committee recommends that the strongest pressure be brought to bear at Council level to seek a general derogation for Ireland from the provisions of the proposed Directive insofar as they relate to withholding taxes’”.

Amendment agreed to.

Paragraph, as amended, agreed to.

(iii) Paragraph 7 agreed to.

Draft Report, as amended, agreed to.

Ordered: To report accordingly.

4. Adjournment.

The Joint Committee adjourned at 5.10 p.m.