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Ask Ronan Your Own Question
Ronan, Solicitor
Category: Republic of Ireland Law
Positive Feedback: 95.8 %
Satisfied Customers: 1761
Experience: B. Corp Law, Ll.B. Dip Comm Prop. In general practice for more then 6 years
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If I sell a holiday apartment in Egypt that we have owned for

Customer Question

If I sell a holiday apartment in Egypt that we have owned for just over 5 years, what tax am I liable for?

Submitted: 10 months ago.
Category: Republic of Ireland Law
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Expert:  Ronan replied 10 months ago.

You will liable for capital gains tax on any profit you make on the property

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Customer: replied 10 months ago.


once the sale is complete and I have received the funds into my account in Ireland do I have to notify the Revenue myself? what is the tax rate for capital gains?

Customer: replied 10 months ago.

Relist: Incomplete answer.

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Expert:  Ronan replied 10 months ago.

30% On the profits. You need to file a return before end of year and make payment to them

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