Capital Gains Tax

Capital gains tax arises on the implementation of capital transactions. We aim to minimise the capital gains tax payable on transactions which our clients enter into.

Our focus is on providing a service which:

1. Minimises the tax arising on commercial transactions.
2. Ensures that capital losses and other tax exemptions are used efficiently to minimise taxes arising on gains.
3. Enhances the tax efficiency of transferring assets to the next generation. This can include looking at issues such as retirement relief.
4. Allows shareholders restructure their business or expand their operations in a tax efficient way.
5. Avails of the Irish Holding Company capital gains tax exemption for disposals of trading subsidiaries.

We are on notice that the rate of capital gains tax is likely to increase in Ireland before the end of 2011 and that such changes will be announced in the next Budget, which is expected in early December 2011. We would recommend that anyone considering entering into a transaction which is likely to give rise to capital gains tax should immediately make contact with Warren & Partners to consider how best to minimise the tax arising on the proposed transaction.