Two straight Irishmen have announced their intention to marry in an effort to avoid Ireland’s large inheritance tax.
Eighty-five-year-old Matt Murphy and his best friend and
Murphy was worried that O’Sullivan would have to pay a 33% inheritance tax on Murphy’s Dublin home in the Stoneybatter area of Dublin. “That would place a burden around my neck,” says O’Sullivan. “But once we are married in the eyes of the government I’m his spouse and if one partner dies, the house automatically goes to the other
A survey was carried out by Amarch Research for RTE and it revealed that a majority of the Irish public doesn’t think they’re doing anything wrong by this. Forty-six percent would support two friends marrying for tax reasons while 36% would not and 16% declared they are undecided. In O’Sullivan and Murphy’s