No 1 of 2003, Section 51, Link Report

Links from Section 51
Act	Linked to	Context
Capital Acquisitions Tax Consolidation Act, 2003	sched1.html	(8) Where the value of a limited interest is to be ascertained in accordance with rule 8 of Schedule 1 as if it were a series of absolute interests, this section has effect, in relation to each of those absolute interests, as if the references to the valuation date in subsections (1), (2), (3) and (4) were references to the date of the taking of that absolute interest.
Capital Acquisitions Tax Consolidation Act, 2003	sec0015.html	(1A)(a) Simple interest is payable, without deduction of income tax, on the tax arising by reason of section 15(1) or 20(1) from the valuation date to the date of payment of that tax, and the amount of that interest shall be determined in accordance with paragraph (c) of subsection (2).
Capital Acquisitions Tax Consolidation Act, 2003	sec0020.html	(1A)(a) Simple interest is payable, without deduction of income tax, on the tax arising by reason of section 15(1) or 20(1) from the valuation date to the date of payment of that tax, and the amount of that interest shall be determined in accordance with paragraph (c) of subsection (2).
Capital Acquisitions Tax Consolidation Act, 2003	sec0046.html	(a) Simple interest is payable, without deduction of income tax, on the tax where the relevant date (within the meaning of section 46(5)) occurs—
Capital Acquisitions Tax Consolidation Act, 2003	sec0049.html	(4) Where tax and interest, if any, on that tax is paid within 30 days of an assessment of tax made by the Commissioners in accordance with section 49, interest shall not run on that tax for the period of 30 days from the date of that assessment or for any part of that period.
Capital Acquisitions Tax Consolidation Act, 2003	sec0055.html	(2A) For the purposes of calculating interest on the whole or the part of the tax to which section 55 applies, subsection (2) shall apply as if references in that subsection to Part 1 of the Table were references to Part 2 of the Table.
Capital Acquisitions Tax Consolidation Act, 2003	sec0077.html	(b) to the extent to which section 77(3) and (4) applies, for the duration of the period from the valuation date to the date the exemption ceases to apply,
Capital Acquisitions Tax Consolidation Act, 2003	sec0078.html	(d) to the extent to which section 78(6) applies, for the duration of the period from the valuation date to the date the exemption ceases to apply,
Capital Acquisitions Tax Consolidation Act, 2003	sec0086.html	(e) to the extent to which section 86(6) or (7) applies, for the duration of the period from the valuation date to the date the exemption ceases to apply,
Capital Acquisitions Tax Consolidation Act, 2003	sec0089.html	(a) to the extent to which section 89(4)(a) applies, for the duration of the period from the valuation date to the date the agricultural value ceases to be applicable,
Capital Acquisitions Tax Consolidation Act, 2003	sec0092.html	(c) to the extent to which section 101(2) applies, for the duration of the period from the valuation date to the date the reduction which would otherwise fall to be made under section 92 ceases to be applicable,
Capital Acquisitions Tax Consolidation Act, 2003	sec0101.html	(c) to the extent to which section 101(2) applies, for the duration of the period from the valuation date to the date the reduction which would otherwise fall to be made under section 92 ceases to be applicable,
Capital Acquisitions Tax Consolidation Act, 2003	sec0102A.html	(f) to the extent to which section 102A(2) applies, for the duration of the period from the valuation date to the date the development land is disposed of.
Links to Section 51 (from within TaxSource Total)
Act	Linked from	Context
	sec0034.html	(iv)section 51 of the Capital Acquisitions Tax Consolidation Act 2003,
Capital Acquisitions Tax Consolidation Act, 2003	sched1.html	Sections 28, 35 and 51.
Capital Acquisitions Tax Consolidation Act, 2003	sched3.html	section 51 of the Capital Acquisitions Tax Consolidation Act 2003
Capital Acquisitions Tax Consolidation Act, 2003	sec0046.html	(11) Any assessment or payment of tax made under this section shall include interest on tax payable in accordance with section 51.
Capital Acquisitions Tax Consolidation Act, 2003	sec0046A.html	(2) Subject to subsection (3), where a return or additional return, which includes an expression of doubt as to the correct application of law to, or the treatment for tax purposes of, any matter contained in the return or additional return, is delivered by an accountable person to the Commissioners in accordance with this section, then section 51(2) does not apply to any additional liability arising from a notification to that person by the Commissioners of the correct application of the law to, or the treatment for tax purposes of, the matter contained in the return or additional return the subject of the expression of doubt, on condition that such additional liability is accounted for and remitted to the Commissioners within 30 days of the date on which that notification is issued.
Capital Acquisitions Tax Consolidation Act, 2003	sec0046A.html	(4) Where the Commissioners do not accept an expression of doubt as genuine they shall notify the accountable person accordingly within the period of 30 days after the date that the expression of doubt is received by the Commissioners, and the accountable person shall account for any tax, which was not correctly accounted for in the return or additional return referred to in subsection (1) and section 51(2) applies accordingly.
Capital Acquisitions Tax Consolidation Act, 2003	sec0053.html	(3) Interest is payable under section 51 on any surcharge as if the surcharge were tax, and the surcharge and any interest on that surcharge is chargeable and recoverable as if the surcharge and that interest were part of the tax.
Capital Acquisitions Tax Consolidation Act, 2003	sec0054.html	(1) Subject to the payment of interest in accordance with section 51 and to the provisions of this section, the ~~tax due and payable~~ the tax due and payable (other than tax arising by reason of section 20) in respect of a taxable gift or a taxable inheritance may, at the option of the person delivering the return or additional return, be paid by ~~5 equal yearly instalments, the first of which is due at the expiration of 12 months from the date on which the tax became due and payable~~ monthly instalments over a period not exceeding 5 years in such manner as may be determined by the Commissioners, the first of which is due on 31 October immediately following the valuation date and the interest on the unpaid tax shall be added to each instalment and shall be paid at the same time as such instalment.
Capital Acquisitions Tax Consolidation Act, 2003	sec0055.html	(b) notwithstanding subsection (2) of section 51, the interest payable on that whole or part of the tax shall be determined—
Capital Acquisitions Tax Consolidation Act, 2003	sec0055.html	instead of in accordance with subsection (2) of that section, and that section shall apply as regards that whole or part of the tax as if the interest so payable were determined under that section, but the interest payable on any overdue instalment of that whole or part of that tax, or on such part of the tax as would represent any such overdue instalment if that whole or part of the tax were being paid by instalments, shall continue to be determined in accordance with subsection (2) of section 51.
Taxes Consolidation Act, 1997	sec1089.html	(2) Interest payable under section 18 of the Wealth Tax Act, 1975, or section 51 of the Capital Acquisitions Tax Consolidation Act 2003, shall not be allowed in computing any income, profits or losses for any of the purposes of the Tax Acts.