If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Revaluation - Other comprehensive income

Heisenburg81 · 2017-08-06 07:29:54

Hello, Is an unrealised gain on revaluation posted to other comprehensive income and accumulated in equity, actually liable to tax? I know if the asset is sold the gain becomes taxable.

06-08-2017 7:29am

#1

Heisenburg81

Closed Accounts Posts: 322 ✭✭

Join Date: December 2016

Posts: 187

Hello,
Is an unrealised gain on revaluation posted to other comprehensive income and accumulated in equity, actually liable to tax?
I know if the asset is sold the gain becomes taxable.

0

Comments

#2 06-08-2017 8:34am

wally1990

Registered Users, Registered Users 2 Posts: 1,230 ✭✭✭

Join Date: June 2013

Posts: 1096

No,

Capital gains tax is only liable upon disposal or selling or transferring of an asset

0