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My client has inherited a farm. He does not qualify for Ag Relief but will qualify for Business Relief. Client want's to transfer the farm to son in next 2 years. Will the subsequent gifting of the asset trigger a clawback of Business Relief? The Revenue Business Relief Part 12 refers to subsequent gifting in third last paragraph of document but I can't see any reference to this in the Act. Thanks

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Asked on 25 March 2020 2:50 pm
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