Special Capital Gains Tax
On 1 January 2024, the Finance Act, 2023 (No.13 of 2023) (the “Finance Act”) came into operation implementing various measures including the introduction of a special capital gains tax (“special CGT”). The Finance Act amended the Capital Gains Tax Act [Chapter 23:01] (the “CGT Act”) and introduced section 30B (3) of the CGT Act reads [...]