Taxation 2 (ROI) CAP2 2023–2024

ISBN:  978-1-913975-55-5 

Published:  27/06/2023

Format:  Paperback, 460 pages

Taxation 2 (RoI) 2023–2024 is the taxation textbook for students on the Chartered Accountants Ireland CA Proficiency 2 course. Building on the taxation principles covered at CA  Proficiency 1, Taxation 2 (RoI) develops a more complete understanding of the tax system in the Republic of Ireland. More complex matters of income tax, corporation tax, capital gains tax and VAT are covered, with capital acquisition tax and stamp duty comprehensively introduced, providing the student with the knowledge and skills to apply the relevant tax legislation, procedures and practices to a broader range of issues. It is up to date to Finance Act 2022.

Written in a clear and concise style, with extensive examples throughout and questions and solutions at the end of each chapter, Taxation 2 (RoI) addresses the core competencies of:

• the concepts of residence, domicile and ordinary residence and the associated tax treatment for individuals and companies in respect of income tax, corporation tax and CGT;

• the income tax implications of termination payments, retirement lump sum payments and employment incentive schemes;   

• for corporation tax, close company rules, groups of companies and the taxation of directors and shareholders;

• the appropriate reliefs and exemptions for CGT;

• the general principles for the administration and computation, including reliefs and exemptions, of capital acquisition tax and stamp duty;

• the VAT treatment of partially exempt supplies, cross-border transactions, the sale of land and property, the transfer of a business and VAT for groups of companies;

• the operation of Revenue compliance interventions, the penalty regime and the tax appeals process.