wavejumper
Registered User
- Messages
- 118
An ageing relative would like to share a current and a saving account with me in order to lessen or altogether avoid the impact of local succession taxes in her country (a EU member).
I think half of the total is cash, the other long term bonds of some sort for a total of about 150k.
I'm a PAYEE on roughly 30k a year.
What kind of tax liabilities would would I incur Ireland (where I am a long term resident and own the home I live in) if I accept shared ownership of these moneis? Should I contact Revenue?
Thank you for for your help.
I think half of the total is cash, the other long term bonds of some sort for a total of about 150k.
I'm a PAYEE on roughly 30k a year.
What kind of tax liabilities would would I incur Ireland (where I am a long term resident and own the home I live in) if I accept shared ownership of these moneis? Should I contact Revenue?
Thank you for for your help.