New Capital Acquisitions Tax strategy
Details of the Revenue’s Capital Acquisitions Tax (CAT) three year strategy tells us that Revenue plan to advance the management of CAT by improving service to support compliance and by confronting non-compliance.
The strategy tells us about the specific actions Revenue will take which are categorised as:
- Service to support compliance
- Confront non compliance
- Capability
- Legislation, data and technology
Success, the strategy tells us, will be measured through minimised debt, timely filing and payment of tax, achievement of service standards and effective sanctioning of non-compliance.