Whether you’re liable for Irish CAT can depend not just on your residency, but your domicile. This blog explains the types of domicile and how Revenue assesses your situation.
- Domicile of Origin:
- Assigned at birth, typically your father’s domicile (or your mother’s if parents unmarried).
- Unaffected by your place of birth.
- Remains until replaced by a new domicile.
- Domicile of Dependence:
- Applies to children under 18.
- A child takes on a new domicile if their parent changes theirs.
- Domicile of Choice:
- Established by permanently settling in another country.
- Must sever ties with country of origin.
- Must show clear intent to reside in the new country indefinitely.
- If intent is unclear or temporary, original domicile can remain.
Why Domicile Matters: If you’re non-domiciled, you may be outside the scope of Irish CAT unless you’ve been Irish tax resident for 5 consecutive years before the gift or inheritance.
Need help establishing your domicile status? Contact us today to arrange a tax consultation.
