The tax take from capital acquisitions tax, which is levied on gifts and inheritances, is heavily skewed towards urban areas, according to documents compiled by the Revenue Commissioners.
Tax sources have raised concerns about the urban-rural divide in relation to capital acquisitions tax (CAT), suggesting that inheritance tax has become a Dublin property tax.
Tax-free thresholds for CAT were slashed in recent years, an issue that is of growing concern to those inheriting urban properties...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures