Revenue eBrief No. 115/23
16 May 2023
Capital Acquisitions Tax Manual - Part 05 Discretionary Trust Tax
Capital Acquisitions Tax Manual Part 5 - Discretionary Trust Tax - provides guidance on the charges that apply to discretionary trusts. It has been amended in:
- paragraph 5.1 to clarify that the definition of a discretionary trust for CAT purposes differs from and is wider than the definition for general law,
- paragraphs 5.1, 5.2 and 5.3 to confirm relevant return filing dates,
- paragraph 5.5 to clarify the payment date in relation to the annual charge, and
- paragraphs 5.1, 5.2, 5.3 and 5.5 to incorporate various legislative references.