Finance Act, 1924
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Estate duty on settled property situate out of Saorstát Eireann. |
33.—Where in the case of persons dying on or after the 1st day of April, 1924, property situate out of Saorstát Eireann is bequeathed to or settled on different persons in succession, and legacy duty or succession duty has, whether before or after the commencement of this Act, been paid thereon, such duty shall, for the purposes of sub-section (2) of Section 2 of the Finance Act, 1894 (which provides that property situate out of Saorstát Eireann shall be deemed to be included in property passing on the death of the deceased only if legacy or succession duty is payable in respect thereof, or would be so payable but for the relationship of the person to whom it passes) be deemed to be payable in respect of the property on the death of each of those persons in succession notwithstanding that the whole amount of the duty was paid on one death only, as in the case of a legacy to one person. |