Hello,
Can somebody give a quick suggestion on two questions please ? I'm trying to do my own calculations to pay tax on a foreign account in US dollars. I had 4 dividends last year 2013. Which figure do i need to use for the dollar/euro conversion ? Is it the dollar value of the exact day when the dividend was paid ?
Also I'm not a Irish citizen but only tax resident in Ireland and not domiciled so as I understand I would need to pay capital gain only if remit the gains to Ireland which I don't plan to do so for now anyway. Do I still need to do all the capital gains calculations even if I'm not liable to capital gain tax ?
Many thanks for the help
Malpes180
Can somebody give a quick suggestion on two questions please ? I'm trying to do my own calculations to pay tax on a foreign account in US dollars. I had 4 dividends last year 2013. Which figure do i need to use for the dollar/euro conversion ? Is it the dollar value of the exact day when the dividend was paid ?
Also I'm not a Irish citizen but only tax resident in Ireland and not domiciled so as I understand I would need to pay capital gain only if remit the gains to Ireland which I don't plan to do so for now anyway. Do I still need to do all the capital gains calculations even if I'm not liable to capital gain tax ?
Many thanks for the help
Malpes180