When calculating CGT on the sale inherited shares what date is used to establish the purchase price? Is it the date of probate (as is used for the purposes of CAT) or is it the date of death?
There is no CGT due on the death of a person. If you, in your capacity as the personal representative, sell an asset during the administration period, CGT may be due. It will only be due on the increase in value of the asset between the date of death and the date of sale.Sep 25, 2020 www.revenue.ie › duties-of-a-perso...