BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?

No donation is too small. If every visitor before 31 December gives just £5, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!



BAILII [Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]

Irish Statutory Instruments
You are here: BAILII >> Databases >> Irish Statutory Instruments >> Capital Gains Tax (Multipliers) (1982-83) Regulations, S.I. No. 173/1982
URL: http://www.bailii.org/ie/legis/num_reg/1982/0173.html

[New search] [Help]

S.I. No. 173/1982 -- Capital Gains Tax (Multipliers) (1982-83) Regulations, 1982.

S.I. No. 173/1982 -- Capital Gains Tax (Multipliers) (1982-83) Regulations, 1982. 1982 173

S.I. No. 173/1982:

CAPITAL GAINS TAX (MULTIPLIERS) (1982-83) REGULATIONS, 1982.

CAPITAL GAINS TAX (MULTIPLIERS) (1982-83) REGULATIONS, 1982.

The Revenue Commissioners, in exercise of the powers conferred on them by section 3 (5) of the Capital Gains Tax (Amendment) Act, 1978 (No. 33 of 1978), hereby make the following regulations:

1. These Regulations may be cited as the Capital Gains Tax (Multipliers) (1982--83) Regulations, 1982.

2. In relation to the disposal of an asset made in the year 1982--83, the multiplier for the purposes of section 3 (1) of the Capital Gains Tax (Amendment) Act, 1978 (No. 33 of 1978), shall be the figure mentioned in column (2) of the Table to this Regulation opposite the mention in column (1) of the said Table of the year of assessment in which the deductible expenditure was incurred.

TABLE
Year of assessment in which deductible expenditure incurred Multiplier
(1) (2)
1974-75 ............................................................ .................................................. 3.342
1975-76 ............................................................ .................................................. 2.699
1976-77 ............................................................ .................................................. 2.325
1977-78 ............................................................ .................................................. 1.993
1978-79 ............................................................ .................................................. 1.842
1979-80 ............................................................ .................................................. 1.662
1980-81 ............................................................ .................................................. 1.439
1981-82 ............................................................ .................................................. 1.189

GIVEN this 8th day of June, 1982.

S. PÁIRCÉIR,

Revenue Commissioner.

EXPLANATORY NOTE.

These Regulations specify the multipliers by reference to which sums (such as the base cost of an asset and enhancement expenditure incurred on it) which are allowable as a deduction from the consideration for the disposal of an asset in the year of assessment 1982-83 are to be increased under section 3 (1) of the Capital Gains Tax (Amendment) Act, 1978 , for the purpose of computing the chargeable gain accruing to a person on such a disposal. The multipliers are derived from the consumer price index numbers (base: mid-November, 1968 = 100) compiled by the Central Statistics Office.

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII
URL: http://www.bailii.org/ie/legis/num_reg/1982/0173.html