Taxes Consolidation Act 1997 section 644AB

Treatment of profits or gains from land rezonings

Section 644AB imposes a special 80 per cent income tax rate on "windfall" profits or gains arising from land disposals that are attributable to relevant planning decisions, for the years of assessment 2010 to 2014.

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.