eBrief No. 033/21 – Capital Gains Tax (CGT) – Deduction from consideration on disposal of certain assets (S.980)


Revenue eBrief No. 033/21

18 February 2021

Capital Gains Tax (CGT) – Deduction from consideration on disposal of certain assets (S.980)

Tax and Duty Manual Part 42-03-01 – Deduction from consideration on disposal of certain assets – has been updated to provide:

  • guidance on the online eCG50 application processing system and updates to paper based applications
  • clarity for the application to disposals by way of gift
  • clarity on the interaction of sections 615, 617 and 980
  • guidance for applications in specific circumstances.

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