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My father wants me to set up and investment account so that he can gradually transfer all of his stocks over into my name, so I don't get fucked with inheritance tax down the line.
What bank should I make the account with? I live in Ireland btw.
Thank you in advance wise 4chan Jews
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>>1888550
that's highly illegal
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>>1888604
So was what your dad did when he thought it was a good idea to fuck a gorrilla.
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>>1888604
Who cares, though? As long as he doesn't die for another 15-20 years. It's a father gifting something to his son.
Idk OP. know nothing about Irish banking system
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>>1888550
>Transfer stocks
>Not Cash
>Not through overseas accounts
Taxman will give you a visit very soon, anon.
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>>1888637
http://www.revenue.ie/en/tax/cgt/cgt-faqs.html
>Unused capital losses arising in the current or earlier years may be offset against the gain. (Unused losses are used before the annual exemption of €1,270). The first €1,270 of an individual's annual gains is exempt. The balance is chargeable at 33%.
You are not the first person ever who wants to get rich by inheriting parent's golds.
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