hedgeeverything
Registered User
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Hi,
I've been looking at options for buying US-domiciled ETFs that are subject to CGT vs. Exit Tax. There are some options available in Ireland if you go through an advisor and are willing to pay management fees.
Given the difference between CGT (33%) and Exit (41%) and the fact you have to pay the 41% every 8 years, plus you can offset CGT losses against your gains, why isn't doing this a no-brainer?
Curious if I'm missing anything.
thanks
I've been looking at options for buying US-domiciled ETFs that are subject to CGT vs. Exit Tax. There are some options available in Ireland if you go through an advisor and are willing to pay management fees.
Given the difference between CGT (33%) and Exit (41%) and the fact you have to pay the 41% every 8 years, plus you can offset CGT losses against your gains, why isn't doing this a no-brainer?
Curious if I'm missing anything.
thanks