(1) THAT, as respects a gift or an inheritance taken on or after 6 December 2012, the definition of “group threshold” in paragraph 1 of Part 1 of Schedule 2 to the Capital Acquisitions Tax Consolidation Act 2003 (No. 1 of 2003) be amended - (a) in subparagraph (a) by substituting “€225,000” for “€250,000”, (b) in subparagraph (b) by substituting “€30,150” for “€33,500”,and(c) in subparagraph (c) by substituting “€15,075” for “€16,750”.(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).

See this item in context