z_Trusts & Estate Planning

Tax of death and asset distributions to be clarified

Thursday 1st of July 2004
The government will clarify the income tax rules on transfers of assets at death and liabilities to beneficiaries, Revenue Minister Michael Cullen has announced.

“The changes, to be effective from enactment and included in the taxation bill planned for this year, will apply only to assets and liabilities that are in the tax base such as buildings for which depreciation is...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.