TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

CGT anti-avoidance measures – guidance updated

Revenue’s Tax and Duty Manuals Part 02-03-01, Part 20-01-14 and Part 42-03-01 have been updated to reflect anti-avoidance measures relating to capital gains tax that were introduced in Finance Act 2015.

The measures were extended in Finance Act 2017 and are intended to prevent arrangements put in place prior to a share disposal to dilute the value that is derived from Irish situated assets such as land and buildings.