Gift and Inheritance Tax (Capital Acquisitions Tax – CAT)

Property transferred as a gift or inheritance

You may transfer a property with no money paid, or where the amount paid is less than market value. Revenue treat this transfer as a gift, and CAT may be due. We may also charge Stamp Duty on the market value of the property. The person who receives the property pays the Stamp Duty.

Where a property is transferred on inheritance, no Stamp Duty is payable.