What is an inheritance tax in Ireland?
In Ireland, Inheritance Tax is referred to as Capital Acquisitions Tax (“CAT”), which is tax that is levied on the transfer of assets from deceased person to their chosen beneficiary. Back in 1970’s a Finance Act 1975 was introduced which in turn introduced concept of gift tax. At the time, tax rate was 40% and […]
What is an inheritance tax in Ireland?
In Ireland, Inheritance Tax is referred to as Capital Acquisitions Tax (“CAT”), which is tax that is levied on the transfer of assets from deceased person to their chosen beneficiary. Back in 1970’s a Finance Act 1975 was introduced which in turn introduced concept of gift tax. At the time, tax rate was 40% and […]
