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Gift tax v inheritance

IRISHTJS · 2017-11-28 00:03:24

Hi All I have lived outside of the state for over a decade. I have been informed by my father that he wants to gift me either 200k or his property which is worth a similar sum. What is my tax liability if any ? I also have an unsettled tax liability with revenue. Will this affect either route ? I

28-11-2017 12:03am

#1

IRISHTJS

Registered Users, Registered Users 2 Posts: 4 ✭

Join Date: October 2015

Posts: 1

Hi All

I have lived outside of the state for over a decade. I have been informed by my father that he wants to gift me either 200k or his property which is worth a similar sum. What is my tax liability if any ? I also have an unsettled tax liability with revenue. Will this affect either route ?

I

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Comments

#2 28-11-2017 12:05am

Hoboo

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Join Date: March 2013

Posts: 3549

Jaysis, your da is great for the gifts!! Did you not find out the last time?

https://www.boards.ie/vbulletin/showthread.php?p=97372539

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