Case Law

In Bank of Ireland Finance Ltd v Revenue Commissioners 1989 IV ITR 217 on a disposal of a property held on mortgage, the purchaser retained 15% of the consideration in the absence of a clearance certificate. The bank was held not to be entitled to a refund of the payment.

This appeal considered the identification of the person to be assessed and pursued for the collection of CGT arising on the forced sale of the Appellant’s shares in a French listed company, by a French bank with an Irish branch. 92TACD2021