Can you transfer €3000 worth of Bitcoin under the gift tax allowance?

landlord

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Just wondering if myself and my wife can transfer €6,000 worth of Bitcoin to each of our kids each year under the gift tax allowance or must it be only cash? Thanks.
 
Yes you can - it doesn’t have to be cash. Just make sure that the transfer legally puts it into their name - you may need a bare trust, a beneficial ownership agreement or specialised account.
 
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