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CGT on Disposal of Land

bg01 · 2021-10-11 10:48:09

If the buyer of the land pays the CGT do I have a gift and does it need to be taxed

11-10-2021 10:48am

#1

bg01

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Join Date: July 2018

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If the buyer of the land pays the CGT do I have a gift and does it need to be taxed

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#2 11-10-2021 6:34pm

relax carry on

Registered Users, Registered Users 2 Posts: 4,113 ✭✭✭

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Not a huge amount of information there but probably yes. Same way if anyone paid anything for you. Normal annual gift exemption and thresholds apply.

1