Joe Nonety
Registered User
- Messages
- 418
1. For a gift from a non-relative the CAT threshold is €16,250. Does the small gift exemption of €3000 get added to that?
e.g. if I got a gift of €26,250 from a non-relative, would I pay tax on €10K or €7K?
2. Do I need to file a return (IT38) if I get a gift...
a. under €3000?
b. under €16,250 (or under €19,250 if the answer to 1. is 'yes')?
e.g. if I got a gift of €26,250 from a non-relative, would I pay tax on €10K or €7K?
2. Do I need to file a return (IT38) if I get a gift...
a. under €3000?
b. under €16,250 (or under €19,250 if the answer to 1. is 'yes')?