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Ireland rejects tax break for large donations in wills, citing it would favor the wealthy.
Ireland's Department of Finance rejected a proposal to allow wealthy individuals to donate up to €1 million tax-free in their wills, citing concerns it would create a two-tier inheritance tax system benefiting only the wealthy.
A similar proposal for capital gains tax was also put on hold.
The Department of Rural and Community Development had proposed these changes to encourage philanthropy among the rich.
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Irlanda rechaza la desgravación fiscal por grandes donaciones en testamentos, citando que favorecería a los ricos.