+1Surely your brother in America should find this out?
Who told you that a gift of 33K is tax free? I thought it was a 3K annual amount.
I'd expect personal international money transfers of such sums are routinely reported under Anti-money laundering regulations.Anyway I can't see how revenue in either Ireland or America would get wind of what you are doing.
Based on the AML training I've received, €10k may well trigger a report - not that it means anything once the source of the funds is legit.
Because you're legit, you wouldn't be aware of it. But such transfers are indeed being routinely reported and monitored.I transfer such sums to Ireland and I've never triggered anything. (all legit)
Em, I didn't actually say that.Anyway good to know the trigger is 10K. Two then of 5K, nicely spaced out triggers nothing.
? The CAT Group B CAT Threshold.Tommy what about the 30K you said is exampt? What's that?
Cover your a$$What's CYA?
(I know you didn't say that !)
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?