Retirement relief/clawback
10/08/1994
Query
Is relief clawed back where the child disposes of the shares within 6 years in a "share for share" transaction?
Decision
If the "share for share" reorganisation comes within S.584 TCA 1997, it will not constitute a disposal for the purposes of S.599(4).
Capital Gains Tax
Section 599, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:G6(H)