730GB Capital acquisitions tax: set-off

If appropriate tax is payable on the death of a person, then the amount of such tax will be treated as an amount of capital gains tax for the purposes of section 104 of the Capital Acquisitions Tax Consolidation Act 2003. However, the amount available for set off is limited to the amount of appropriate tax calculated at the rate in section 730F(1)(a) (currently 30 per cent).

Relevant Date: Finance Act 2021