Taxes Consolidation Act 1997 section 214

Local authorities, etc

Section 214 exempts from income tax the income of local authorities, the Health Service Executive, education and training boards, and committees of agriculture, while preserving their liability for deposit interest retention tax.

• Local authorities and certain other public bodies are exempt from income tax on all income arising to them, but not from deposit interest retention tax (DIRT)
• The exempt bodies are local authorities, the Health Service Executive, education and training boards, and committees of agriculture
• Exempt bodies receiving dividends from Irish companies may claim repayment of tax withheld, but repayment of DIRT should not be made unless the body has established entitlement to charity exemption
• The exemption does not remove the obligation to deduct tax from annual payments and account for it to Revenue