Q: My wife's brother has shown her as the sole heir to his home worth about a million euro. My wife is an Irish citizen. Will she be subject it an Inheirtance tax? If so, what is the tax rate? She currently lives in the U.S.
A: Look at this page: http://www.citizensinformation.ie/categories/money-and-tax/tax/capital-taxes/capital-acquisitions-tax/?searchterm=inheritance%20tax My understanding is that your wife would be in Group B, meaning that the tax-free threshold is 49,682 euro. She would then have to pay 20% capital acquisitions tax on the rest of it.