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Indexation relief for selling assets

Indexation relief for selling assets

How does Indexation Relief work for capital gains tax?

Indexation Relief (also known as ‘inflation relief’) may be claimed if you owned an asset that you are selling before 2003.

With Indexation Relief, the market value of the asset at the time you became the owner is increased. This increase is based on inflation calculated by the Central Statistics Office.

For example:

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