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Hopefully you can help here. A friend of mine has lost his mother recently. The dilemma is that her house is going to be sold and he is going to inherit the profit.
My question is:
If the house is sold for €1000,000 is there a CGT liability first and then a inheritance tax liability if they exceed the €310,000 threshold?
Thanks in advance
My question is:
If the house is sold for €1000,000 is there a CGT liability first and then a inheritance tax liability if they exceed the €310,000 threshold?
Thanks in advance