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What are the tax consequences if an Irish domiciled and tax resident husband gifts cash to his wife who is living apart in USA and is USA domiciled and tax resident

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Posted by (Questions: 17, Answers: 4)
Asked on 14 February 2018 1:02 am
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Hi John
Generally a gift will be chargeable as the person gifting is resident here. You need to consider whether they are married for CAT purposes and can avail of the interspousal reliefs – CATCA 2003 Sec 70. If legally separated they are still legally married for CAT. She needs to watch any USA issues.
Cathal

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Posted by (Questions: 0, Answers: 85)
Answered on 14 February 2018 12:54 pm

Dear Cathal,
Apologies for the delay replying to you.
Thank you for your information.

Regards,
John

( at 19 February 2018 10:47 am)