The tax treatment of Irish Domiciled ETF investments (8 year deemed disposal, 41% exit tax) has a big effect on your returns.
Initial Investment: €10,000
Annual Gain: 10%
Investment Period: 24 Years.
Under the current Irish tax treatment you would end up with €46,970.
If your investment was taxed under CGT with no 8 year deemed disposal you would end up with €70,563.
Workings: https://imgur.com/sKkykKH
Initial Investment: €10,000
Annual Gain: 10%
Investment Period: 24 Years.
Under the current Irish tax treatment you would end up with €46,970.
If your investment was taxed under CGT with no 8 year deemed disposal you would end up with €70,563.
Workings: https://imgur.com/sKkykKH