Advertisement
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

marry to avoid inheritance tax

Comments

  • #2
    weldoninhio
    Closed Accounts Posts: 14,311 ✭✭✭✭weldoninhio


    Vivian Black Whim wrote: »
    https://www.irishtimes.com/news/social-affairs/elderly-male-friends-plan-to-marry-to-avoid-inheritance-tax-1.3330236

    How is this legal when fake marriages for emigration are not?

    I think it may be illegal. They’ve literally stated it’s a marriage of convenience. Can’t see it being allowed go ahead now


  • #3
    Alkers
    Registered Users, Registered Users 2 Posts: 6,908 ✭✭✭Alkers


    There would have been plenty of examples of this between male and female couples also but I'd say the decision to make a public announcement wasn't a wise one!


  • #4
    Fred Swanson
    Closed Accounts Posts: 21,730 ✭✭✭✭Fred Swanson


    This post has been deleted.


  • #5
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,295 ✭✭✭✭Mrs OBumble


    Vivian Black Whim wrote: »
    https://www.irishtimes.com/news/social-affairs/elderly-male-friends-plan-to-marry-to-avoid-inheritance-tax-1.3330236

    How is this legal when fake marriages for emigration are not?

    There's a law specifically saying you cannot marry for immigration reasons. It doesn't say anything about not marrying fox tax reasons.


  • #6
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,763 ✭✭✭✭Atlantic Dawn
    M


    Could you marry someone on a Tuesday, transfer a large asset to them on a Friday and then divorce them the following month to avoid tax?


  • Advertisement
  • #7
    G_R
    Moderators, Education Moderators Posts: 5,028 Mod ✭✭✭✭G_R


    Atlantic Dawn wrote: »
    Could you marry someone on a Tuesday, transfer a large asset to them on a Friday and then divorce them the following month to avoid tax?

    I think you need to be legally separated a number of years before you can apply for divorce.


  • #8
    Zaph
    Registered Users, Subscribers, Registered Users 2 Posts: 47,352 ✭✭✭✭Zaph


    Atlantic Dawn wrote: »
    Could you marry someone on a Tuesday, transfer a large asset to them on a Friday and then divorce them the following month to avoid tax?

    No. In order to get a divorce in Ireland the couple must have been separated for four years.


  • #9
    by8auj6csd3ioq
    Closed Accounts Posts: 1,124 ✭✭✭by8auj6csd3ioq


    "They’ve literally stated it’s a marriage of convenience"
    that is what i meant yes and a "marriage of convenience" for tax purpose. lots may do it but they do not announce it


  • #10
    Fred Swanson
    Closed Accounts Posts: 21,730 ✭✭✭✭Fred Swanson


    This post has been deleted.


  • #11
    exaisle
    Registered Users, Registered Users 2 Posts: 2,675 ✭✭✭exaisle


    It won't by any means be the first marriage of convenience.

    Best of luck to them.


  • Advertisement
  • #12
    barneystinson
    Registered Users, Registered Users 2 Posts: 4,685 ✭✭✭barneystinson


    Aren't all marriages for convenience?


Advertisement