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Old 06-09-2006, 06:21 AM
alexander alexander is offline
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Join Date: Aug 2006
Posts: 38
Default Capital gains tax EIRE

Hey Albert,
Normally capital gains is paid on the sale of assets, i.e. if the house is not his principle residence then it would be regarded as a taxable asset

Try this info www.revenue.ie/leaflets/cgt1.pdf

Consult with a good accountant and they may be able to argue the point with the revenue commissioners.
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