I see that there is an article in todays Irish Times about tax treatment of ETFs. Says that capital losses on ETFs cannot be offset against other ETF capital gains. (correct?). Also says that dividends on ETfs are taxed (correct?)
This also raises issue in my mind of whether capital gains on ETfs can be offset against capital losses on shares.
I have 5K in capital losses on irish shares. If I invest say 5K in ETFs, and sell then for 10K, do I pay capital gains tax???
This also raises issue in my mind of whether capital gains on ETfs can be offset against capital losses on shares.
I have 5K in capital losses on irish shares. If I invest say 5K in ETFs, and sell then for 10K, do I pay capital gains tax???