Please bear with me if this is already asked and answered. Due to recent changes to DIRT and PRSI I am considering holding Euro deposit (no currency conversion in this case) in non EU country as very good return has been offered. Now I assume I need to inform Revenue and the tax (DIRT +PRSI) would more or less comes out the same as if held in ROI.
Am I missing anything here. Assuming I have to pay 41% + PRSI on any interest earned.
Thanks,
Viz
Am I missing anything here. Assuming I have to pay 41% + PRSI on any interest earned.
Thanks,
Viz