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Topics - GAA_Junkie

#1
My parents owned a bit of land and gave me a site on it.  I went to a solicitor and good the deeds transfered into my name.  In the pub one night someone mentioned that if its not transfered in a certain way the revenue wiill bite for 40% of the value of the site. 

Now that the deeds have been tranfered is there anyway I can avoid paying revenue a substantial amount of cash?  Is it too late?  If I say nothing will they notice?  Is there a period after which they can't touch us?