|
|
Gifts and inheritances taken by adopted children from natural parent.
|
222.—The Principal Act is amended by the insertion of the following section after section 59D (inserted by the Finance Act, 2001):
|
|
| |
“59E.—Where, on a claim being made to them in that behalf in relation to a gift or inheritance taken on or after the date of the passing of the Finance Act, 2001, the Commissioners are satisfied that—
|
|
| |
(a) the donee or successor had at the date of the gift or the date of the inheritance been adopted in the manner referred to in paragraph (b) of the definition of ‘child’ contained in section 2(1), and
|
|
| |
(b) the disponer is the natural mother or the natural father of the donee or successor,
|
|
| |
then, notwithstanding section 2(5)(a), for the purpose of computing the tax payable on that gift or inheritance, that donee or successor shall be deemed to bear to that disponer the relationship of a child.”.
|
