Dáil Éireann - Volume 120 - 03 May, 1950
Financial Resolutions. - Resolution No. 3—Death Duties.
Mr. McGilligan Mr. McGilligan
Mr. McGilligan: I move:—
(1) That the Convention between the Government and the Government of the United States of America for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on the estates of deceased persons which was concluded on the 13th day of September, 1949 (in this Resolution referred to as the Convention) shall be confirmed and shall have the force of law.
(2) That sub-section (4) of Section 7 of the Finance Act, 1894 (which provides for relief in respect of duty payable in a foreign country) shall not have effect in relation to estate tax chargeable under the laws of the United States of America to which the provisions of the Convention apply.
This has to do with the Convention which we will discuss in detail later.
Resolution agreed to.
Dáil Éireann 120 Financial Resolutions. Resolution No. 3—Death Duties.