DoraExplora
Registered User
- Messages
- 18
Hi
I am aware there is an issue with ETFs and similar after 8 years but what about ordinary shares?
A friend of mine said he had heard or read something about people in Ireland having to pay capital gains on shares after a number of years holding them even if they still hold them. I doubt this is true as I believe I would have heard it elsewhere by now. I searched here and can't find anything about it. Searching the Revenue website for "deemed disposal" yields lots of results but none that look relevant.
Hoping to get confirmation here that this is not something I need to worry about until I actually sell shares.
Thanks
Dora
I am aware there is an issue with ETFs and similar after 8 years but what about ordinary shares?
A friend of mine said he had heard or read something about people in Ireland having to pay capital gains on shares after a number of years holding them even if they still hold them. I doubt this is true as I believe I would have heard it elsewhere by now. I searched here and can't find anything about it. Searching the Revenue website for "deemed disposal" yields lots of results but none that look relevant.
Hoping to get confirmation here that this is not something I need to worry about until I actually sell shares.
Thanks
Dora