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Under the last rectifying budget article 24e, an additional Capital gains tax has been introduced for those gains above €50,000, so this is to be applied on top of the rates already in place and is assessed as follows:

Taxable Amount Applicable Rate
Between €50 000   and €100 000 2 %
Between €100 000 and €150 000 3 %
Between €150 000 and €200 000 4 %
Between €200 000 and €250 000 5 %
Over       €250 000 6 %

This new tax will apply to capital gains from disposals made on or after 1 January 2013, except those for which a sale agreement has acquired certain date before 7th December 2012. The gains made in 2013 could benefit from the exceptional reduction of 20% under Article 10 of the draft Finance Act 2013 for the calculation of income tax.