Ms. Deane inheritance tax case awaits High Court ruling

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Ms. Deane’s inheritance tax exemption case remained undecided by the High Court, reported on 25 July 2018.

The case concerns whether she qualifies for dwelling-house relief after inheriting her family home and shares in four other properties. Revenue challenged a Tax Appeals Commissioner decision that had allowed her appeal against a €52,000 Capital Acquisitions Tax assessment. Counsel for Ms. Deane argued that she was entitled to the exemption because she held no interest in any properties before her father’s death.

The legislation requires residence conditions and no beneficial interest in another property on the inheritance date. Justice Costello reserved judgment, with the ruling expected to clarify similar cases.