G Gavin Guest 29 Aug 2006 #1 What are the tax implications for seller (Income tax & Capital Gains tax) if you sell part of your shareholding held in the Eircom ESOP Trust?
What are the tax implications for seller (Income tax & Capital Gains tax) if you sell part of your shareholding held in the Eircom ESOP Trust?
M MB05 Registered User Messages 363 29 Aug 2006 #2 Gavin, as part of the ESOP you are entitled to sell up to €12,700 tax free a year. If you have the full allocation you will get €8,000 later this year (probably November) allowing you to sell a further €4,700 worth of shares before incurring tax. After that I don't know what you would pay.
Gavin, as part of the ESOP you are entitled to sell up to €12,700 tax free a year. If you have the full allocation you will get €8,000 later this year (probably November) allowing you to sell a further €4,700 worth of shares before incurring tax. After that I don't know what you would pay.