Married farming couple win €137,914 tax dispute with proceeds of €950,000 from land sale

A married farming couple have won a €137,914 capital gains tax (CGT) battle with the Revenue Commissioners resulting from a €950,000 sale of 16.5 acres of farmland.

This follows the decision by the Tax Appeals Commission (TAC) that the Revenue Commissioners’ CGT assessment of €137,915 issued in 2016 should be reduced to ‘zero’.

https://www.independent.ie/business/farming/news/courts/married-farm-couple-win-137914-tax-battle-with-revenue-over-950000-sale-of-land-42323331.html Married farming couple win €137,914 tax dispute with proceeds of €950,000 from land sale

Fry Electronics Team

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