Just a quick question in relation to query from Revenue regarding source of funds in some accounts listed in a Schedule of Assets.
How far back is one expected to account for? In this case, both parents are deceased, and the adult children are in a position now to attempt to account for where money in 4 accounts (dating back from 12 to 23 years ago) arose from. (Needle in a hay-stack in some sorts!)
Is it like in the case of underpaid/overpaid tax, that Revenue can go back as far as they like (yet the taxpayer could only go back 4 years), and thus the best effort to account for as far back as 23 years ago will have to be put in??