Capital Gains Tax (Amendment) Act, 1978

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Number 33 of 1978

CAPITAL GAINS TAX (AMENDMENT) ACT, 1978

ARRANGEMENT OF SECTIONS

Section
1.	Interpretation.
2.	Amendment of section 3 (taxation of capital gains and rate of charge) of Principal Act.
3.	Computation of gains; adjustment of allowable expenditure by reference to consumer price index.
4.	Reduced rate of charge by reference to period of ownership.
5.	Compulsory acquisition: relief in certain cases.
6.	Amendment of section 14 (death) of Principal Act.
7.	Amendment of section 15 (settled property) of Principal Act.
8.	Disposal within the family of business or farm.
9.	Amendment of section 28 (replacement of business and other assets) of Principal Act.
10.	Amendment of section 39 (disposals to State, charities and other bodies) of Principal Act.
11.	Amendment of sections 13 (computation of chargeable gains) and 37 (chargeable gains reserved for policy holders) of Corporation Tax Act, 1976.
12.	Amendment of section 90 (distributions made out of capital profits of companies) of Corporation Tax Act, 1976.
13.	Amendment of section 127 (company reconstruction or amalgamation: transfer of assets) of Corporation Tax Act, 1976.
14.	Amendment of section 132 (disposal or acquisition outside a group) of Corporation Tax Act, 1976.
15.	Amendment of Schedule 4 (administration) to Principal Act.
16.	Supplemental.
17.	Repeals.
18.	Short title, construction and commencement.

Supplementary Provisions

Enactments Repealed

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Number 33 of 1978

CAPITAL GAINS TAX (AMENDMENT) ACT, 1978

AN ACT TO AMEND AND EXTEND THE CAPITAL GAINS TAX ACTS. [20th December, 1978]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: