Markjbloggs
Registered User
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- 384
Hi,
in a bit of a pickle here and need to access some cash (don't we all??)
I have a substantial amount of funds in a US Individual Retirement Account from my time there in the late 80's. I am now over 50 and resident in Ireland.
What is the Irish tax situation if I repatriate some of these funds to Ireland?
Does it make a difference if it is intended to start a business?
Is this treated the same way as a lump sum withdrawal from a pension plan here once you reach 50?
thank you
M
in a bit of a pickle here and need to access some cash (don't we all??)
I have a substantial amount of funds in a US Individual Retirement Account from my time there in the late 80's. I am now over 50 and resident in Ireland.
What is the Irish tax situation if I repatriate some of these funds to Ireland?
Does it make a difference if it is intended to start a business?
Is this treated the same way as a lump sum withdrawal from a pension plan here once you reach 50?
thank you
M