moving to Ireland in the fall

J

jackrussel

Guest
Hi, I have not been able to find an answer to this specific question and would greatly appreciate any help:
situation:
I am moving to Ireland in the fall and will therefore be a non-resident for tax-purposes in Ireland in 2012 according to the 183-day rule. I will be working in Ireland for 4 months but I think income tax will be withheld from my salary automatically.
question:
Does this mean I will not pay Irish taxes on any capital gains or dividends received in 2012 (even those that I get while already in Ireland, say in November 2012) and that I do not have to file a tax return for 2012?
 
It's a very complex question. Are you a US citizen who is going to work in Ireland for a temporary period of 4 months. Is your employer not handling your tax affairs and paying for the services of a good ex pat accountancy firm?

In Ireland the fall is Autumn.
 
I am a german citizen and have a contract for 1 year (which will hopefully get extended) to work at an Irish university. I just meant I will be working in Ireland for 4 months in 2012, the other 8 months I have been working elsewhere in europe and paying taxes there. I seriously doubt the university will provide me any help with my private tax affairs regarding investment income.
Can I at least assume I will not be taxed in Ireland for any income, dividend, capital gains I receive before I actually arrive in Ireland?
 
I cannot see how you can be taxed on something that has happened before you arrive in Ireland. Looks like you'll be taxed as a normal employee in Ireland when you arrive for income tax.

All I can suggest to you is that if you do something in a tax year that gives rise to tax, for example you sell shares in Germany and you pay your CGT (capital gains) in Germany then you should be ok. If you're talking hugh amounts of money it might be better to hire an accountant who would know Irish taxes, Germany taxes and the tax treaties between countries. Normally the tax treaties mean that there is an agreement whereby if you've paid taxes in one country you should be ok in another (that's a very simplistic version)

If you are worried then when in Ireland write a letter to revenue.ie to clarify matters, no doubt you'll drive them mad :) with this complex area but they are there to help you.
 
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