H henry Registered User Messages 70 9 Aug 2010 #1 I searched for this earlier but could not find an answer. An investment fund is cashed in during the year and an exit tax of 28% is automatically applied to the gain in the value of the fund. At the same time, another investment fund is cashed in. This fund has lost money. My questions is: is it possible to offset the loss against the gain and claim a refund of the exit tax. thanks.
I searched for this earlier but could not find an answer. An investment fund is cashed in during the year and an exit tax of 28% is automatically applied to the gain in the value of the fund. At the same time, another investment fund is cashed in. This fund has lost money. My questions is: is it possible to offset the loss against the gain and claim a refund of the exit tax. thanks.
J jpd Registered User Messages 4,374 9 Aug 2010 #2 As they appear to be Irish investment funds (since the Exit tax was deducted automatically) the answer is No.
As they appear to be Irish investment funds (since the Exit tax was deducted automatically) the answer is No.