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capital gains tax / capital aquisition tax query

briancbyrne · 2012-04-07 00:33:55

Hi i currently qualify for the dwelling house exemption when it comes to paying capital aquisition tax on a property to be transferred into my name. What i need clarification on is if my parents would then be liable for capital gains tax as a result of disposal of the asset (even though they would obviously not be…

07-04-2012 12:33am

#1

briancbyrne

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Join Date: February 2008

Posts: 3

Hi
i currently qualify for the dwelling house exemption when it comes to paying capital aquisition tax on a property to be transferred into my name.
What i need clarification on is if my parents would then be liable for capital gains tax as a result of disposal of the asset (even though they would obviously not be receiving any monies for same)
thanks for any clarification you can provide.
Brian

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#2 07-04-2012 9:09am

Mr. Incognito

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Thread closed. 5 day ban.

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