ETF Tax

[vgrainge]

I know you paying tax on distributing ETF dividends but do you pay tax on accumulating ETFs in Ireland as these are reinvested within the fund?

	Stamp Duty on Purchase/Sale	41% or Margin Income Tax on Dividends	PRSI/USC on Dividends	41% Exit Tax on Profit	CGT (33%) on Profit	Deemed Disposal (Taxable event every 8th anniversary)
Irish Domiciled ETFs	No	41%	No	Yes	No	Yes
EU Domiciled ETFs	No	41%	No	Yes	No	Yes
U.S/EEA/OECD Domiciled ETFs	No	Marginal (40% or 20%)	Yes	No	Yes	No

 

[landlord]

5 years ago I produced this table which goes into a little bit more detail. Hopefully it’s still up to date.

Key Post - Summary of Stock Market Investment Costs

I have summarized by way of a table what I think are the main costs involved in investing on the stock market. Please let me know if there are any errors in this table, or if there needs to be anything added or removed.

www.askaboutmoney.com

 

[vgrainge]

Thank you

But I'm still puzzled on accumulating etf as the ETF internally reinveststhe the dividend paid out?

Do we need to as an irish investor pay tax on this?

 

[jpd]

If the ETF does not pay out dividends, then the only tax is the Exit Tax on disposals and deemed disposals

 

[vgrainge]

If the ETF does not pay out dividends, then the only tax is the Exit Tax on disposals and deemed disposals

ok thanks

 

[TheBig40]

I'm just looking at form 11 and the Rev guidance for ETFs and have what might seem like a silly question.

Part 27-01A-03 says "Acquisition of an EU ETF must be included on the Form 11 in the Foreign Income section as appropriate." This is clear enough but all the ETFs I have are Irish domicile. So it my read of this is more that the disposal/gains belongs "Other Irish income" and"Investment undertakings" the tax treatment is the same so there is no cost/tax difference but it means that I don't have to record each separate purchase under foreign income, what's other peoples thoughts on this?