Revenue eBrief No. 124/20
25 June 2020
Capital Gains Tax - Treatment of allowable losses
TDM Part 19-02-05 - Allowable Losses - has been updated at paragraph 5.1 to clarify that, where an allowable loss arises in a chargeable period and there is no chargeable gain against which it may beoffset in that chargeable period, there is no requirement for a person to include the loss in a tax return for thechargeable periodin which the loss arises.