Will CRH shares be subject to US Federal Estate Taxes?

[Michael20]

Once I get fully through this, I will write up a summary, removing any specifics to my case, and post here. I suspect that will however not be anytime soon.

My understanding is that they (the white haired brigade) were all told by the board at the AGM that there would be no difficulties with moving the shares to America... My advice was to just sell the shares before the move and reminded them of their Elan and IRS tax issues. This did not go down at all well. Recently, I have learned they have more IRS issues because the shares are multiple different holdings with combinations of his, her and joints names. Anyway, it is not my (currently) problem. But I wish you luck and would also like to know the outcome, because the day will come when I will also have to sort the mess out :-(

 

[aimsmc]

Once I get fully through this, I will write up a summary, removing any specifics to my case, and post here. I suspect that will however not be anytime soon.

Hi, Just found this thread and wondering how you got on? Also if anyone has a Professional they engaged with for assistance that was helpful can they please send on their details. Many thanks

 

[GettingOn]

Hi, Just found this thread and wondering how you got on? Also if anyone has a Professional they engaged with for assistance that was helpful can they please send on their details. Many thanks

I ended up engaging a Professional in the end, as from comments here and other sources it appeared the smoothest course was likely to be to engage a US Accountant. I ended up using bealltaxconsulting, referenced above, and the relevant forms have been submitted to the IRS. The IRS turnaround time on these requests can be 12+ months, so I have heard nothing back from the IRS yet.