In Ireland, a gift of a house, land or an interest in property can create a Capital Acquisitions Tax (CAT) liability for the recipient, generally based on the property’s market value and the recipient’s relationship to the giver. Previous gifts and inheritances, available exemptions and any qualifying reliefs can also affect the calculation. The transfer may raise other issues, including Capital Gains Tax for the giver and stamp duty for the recipient, depending on the circumstances. Check the current rules on Revenue.ie and consider speaking to a tax adviser or solicitor before transferring property.