Designated areas, Enterprise areas
24/09/1997
Query
Is it Revenue practise to accept that site costs may be included in the computation of the cost of construction of a building for the purposes of Section 339(2)(a).
Decision
The reference to 15% of the total cost of the building in the section may be construed as 15% of the total project costs including site costs.
Income Tax
Section 339, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:IT973001