Long Title |
The purpose of this Bill is two-fold: first, it seeks to confirm the effect of section 37A of the Limitation Act 1935 in relation to payments of taxes made pursuant to an Act which is subsequently held to be invalid. Second, the Bill seeks to apply the same 12 month limitation period to actions for the recovery of payments of taxes made pursuant to a mistake of fact or law. The Bill also proposes the inclusion of sections 37B and 37C in the Act, which will provide a "passing on" defence for the State against recoveries of taxes and other imposts even in the period not covered by the section 37A limitation. |