Latest News About Discretionary Trusts

Updated 2026-05-22 16:01

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Discretionary Trust Tax update - The Law Society of Ireland

The amended part 5 of the CAT Manual deals with the amendments inserted by the Finance Bill 2012 and addresses some (but not all) of the concerns raised by the Probate, Administration & Trusts Committee. In particular, concerns remain that the commencement date for the refund of half the 6% initial charge (where a discretionary trust is wound up completely within five years) remains as the date of death as this can leave little, if any, time to obtain the refund in the cases where the...

www.lawsociety.ie

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