Capital Acquisitions Tax Consolidation Act 2003 section 117

Care and management

Section 117 places capital acquisitions tax (CAT) under the care and management of the Revenue Commissioners and allows them to delegate their powers to authorised Revenue officers.

• Capital acquisitions tax is placed under the care and management of the Revenue Commissioners.
• This is a standard provision found in all tax legislation.
• The Revenue Commissioners may delegate any powers conferred on them by the Capital Acquisitions Tax Consolidation Act 2003 to an authorised Revenue officer.
• The Revenue Commissioners remain responsible for any functions they delegate to their officers.