Select view:

Capital Acquisitions Tax Consolidation Act 2003 (Number 1 of 2003)

87 Exemption of certain benefits.

[FA 1982 s98]

Where a gift or an inheritance is taken, by direction of the disponer, free of tax, the benefit taken is deemed to include the amount of tax chargeable on such gift or inheritance but not the amount of tax chargeable on such tax.