Capital Acquisitions Tax Consolidation Act 2003 section 73

Relief in respect of certain policies of insurance relating to tax payable on gifts

Section 73 exempts from capital acquisitions tax the proceeds of certain approved insurance policies that are taken out specifically to fund the payment of gift tax or inheritance tax arising on lifetime gifts made by the insured.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.