I hope you are having a good day and settling into the New Year. Just a short note on gifting the proceeds of sale. Under s 6(3) CATCA 2003 the gift of the proceeds of a property which has not completed and in the State is treated as Irish property. So if you enter into a contract of sale of an Irish property and after signing and exchange, gift the proceeds of sale, that gift will be considered a gift of Irish situs property.