Is there a distinction between short term losses and long term losses for CGT purposes?

[Godfather]

Hi,

query please. In relation to this article:
https://budgeting.thenest.com/long-wait-before-selling-stock-31057.html

...and this extract:
If you hold it for one year or less, the gains are short-term capital gains and the losses are short-term capital losses.

Is there a distinction in Ireland between short term losses and long term losses as well when crystallising losses?

Thank you very much!

 

[dub_nerd]

No. That article is about the USA where short term gains are taxed as ordinary income (and will therefore benefit from Trump's new tax bill). In Ireland there is no distinction.

 

[jpd]

In Ireland there is no distinction.

Not quite right - losses on bed & breakfast type transactions cannot be offset against other capital gains

 

[Godfather]

Thank you very much bud_nerd and jpd for your replies. Very appreciated!