Can my step father be legally recognised as my parent?

ChRoMe

I'd like to give a present of money to my step father, for the purposes of tax can he be considered my parent?

Victor

I suspect he is considered a 'stranger' for tax purposes.

I wonder if you could gift the money to your mother or half-sibling (that is his child) and for the money to be used that way.

Have a look here: http://www.citizensinformation.ie/en/money_and_tax/tax/capital_taxes/capital_acquisitions_tax.html

If you are at all concerned, it would be useful to get advice from an accountant or solicitor who specialises in tax.

Ken.

What if the op went down the road of adoption. Have his/her step-father adopt him/her. In Ireland can one adult adopt another?(I'm assuming the op is an adult.)

nompere

Victor wrote: »

I suspect he is considered a 'stranger' for tax purposes.

I wonder if you could gift the money to your mother or half-sibling (that is his child) and for the money to be used that way.

Have a look here: http://www.citizensinformation.ie/en/money_and_tax/tax/capital_taxes/capital_acquisitions_tax.html

If you are at all concerned, it would be useful to get advice from an accountant or solicitor who specialises in tax.

It's interesting - well I find it interesting - that Section 2 Capital Acquisitions Tax Consolidation Act 2003 defines "child" as including a step-child and an adopted child, but doesn't have a similar definition of "parent".

Section 8 of the same act has some cautionary words in relation to what is sometimes called "gift-channelling".