Tax News

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    Tax News

    Posted by Seamus Hanratty on 13 September 2019

     

    tax-changes-getty

    A number of key rulings have been made by the Taxes Appeals Commission. The judgments revolve around the areas of CAT, CGT, and Income tax. The rulings cover a number of vital areas which tax and business professionals should take account of. 

     

    • One ruling relates to a successful appeal in respect of the overcharging of Capital Acquisitions Tax.

    Read more here

    • The Taxes Appeals Commission have ruled that €2.3million claimed as a gift from shareholders is liable for tax.

    Read more here.

    • In relation to to an issue revolving around Capital Gains Tax the Commission has found that, "In accordance with settled law, it is not permissible to delete or ignore words when interpreting a statute."

    Read more here.

     

    Tax world keeping you informed on all the key changes in tax!

    Topics: Income tax, CGT, tax advice, NEWS, capital acquisitions tax

    Written by Seamus Hanratty

    Digital marketing specialist with proven ability to increase sales and website traffic by large margins. I employ my expertise within the finance, accountancy, and tax industries.
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