Pearse Doherty (Donegal, Sinn Fein)
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250. To ask the Minister for Finance the total value of property that was exempt from CAT due to the heritage exemption each year since 2016; and if he will make a statement on the matter. [13157/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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Under sections 77 and 78 of CATCA 2003, CAT gifts and inheritances of pictures, prints, books, manuscripts, works of art, jewellery, scientific collections or other things not held for the purposes of trading may be exempt from CAT where the following conditions are satisfied: (1) the property is of national, scientific, historic or artistic interest, (2) the property is kept permanently in the State, and (3) reasonable facilities for viewing are allowed to members of the public or to recognised bodies or to associations of persons.

The exemption also applies to houses and gardens in the State not held for the purposes of trading in respect of which: (1) on a claim made to Revenue appear to be of national, scientific, historic or artistic interest, (2) reasonable facilities for viewing were allowed to the public during the three-year period prior to the date of the gift or inheritance, and (3) reasonable facilities for viewing are allowed to the public following the gift or inheritance.

Clawback of the exemption may occur in certain circumstances.

I am advised by Revenue that Information in respect of the total value of property that was exempt from CAT due to the heritage exemption each year since 2016 is shown below.

Information for 2024 is not yet available.