Am I better off holding funds domiciled outside of Ireland?

I'm not a resident of anywhere, and have been advised this by a tax professional and given the same "opinion" by another.

But I need to use an address when applying for my brokerage accounts, and this would be the Irish address of my parents.

However, each company which makes dividend distributions must show the name and address of the person to whom the distribution is made.

Is there much of a risk that the revenue will see somebody earning over 5k of dividends per year with an Irish address and decide to look into their fund as a whole, wonder why there has been no CGT paid (in 8 years time) and decide that I’m not a resident of Ireland (despite nothing leading to this conclusion on the current details they have provided the public)?

Might it be better to pay a higher TER for a fund domiciled in Luxembourg?

The European savings Directive states that any dividend interest from eg bonds or term deposits must be forwarded to the country of origin with name addresses etc. The automatic reporting applies to Luxembourg also and Financial Institutions are obliged to report you . There are equity funds that are out of scope but I reckon it will be for a short time only. The Irish revenue and social welfare now communicate and all names .PPS, addresses next year will be checked for bank accounts and inheritance. Any interest earned over 635 euro gross is sent to revenue since 2009. Bank account records on closed accounts are kept for up to 6 years.
This is not to combat money laundering or criminal activity but to get the ordinary individual who has been prudent and saved over years.Bank accounts can still be opened in person with a passport in the Philippines or UAE.

You didn't finish one of those sentences John...!

This is not to combat money laundering or criminal activity but to get the ordinary individual who has been prudent and saved over years... TO PAY THEIR TAXES THE SAME AS EVERYONE ELSE.

A fine country we'd live in if everyone could easily avoid paying taxes.