Mr E.D., emailFirst up, to get our taxes right, the issue here will be capital acquisitions tax (CAT) – colloquially known as inheritance tax – not capital gains tax. That aside, the complication in cross-border inheritances between Ireland and the UK are the differing rules on how tax is applied. The one common thread between Ireland and Britain is that an inheritance passed to one’s spouse or civil partner is exempt from inheritance tax. There is a double taxation agreement between Ireland the Britain that provides for a tax credit here to offset any tax paid in the UK. Essentially, your tax bill here will be reduced by the amount of tax paid in the UK.

Source: The Irish Times December 12, 2017 06:22 UTC