Beware of new tax implications for receiving gifts and inheritances warns ifac
Ifac, Ireland’s eighth-largest professional services firm and specialist for the farming, food and agribusiness sectors, is warning beneficiaries of gifts and inheritances of new tax implications. Ifac Head of Tax, Declan McEvoy said: “A change in how the value of gifts or inheritances of free money is calculated for Capital Acquisitions Tax purposes will have implications for anyone […]