Selling and rebuying same share. Do I need to wait?

[Godfather]

Hi,

I also have an account with interactiveinvestor.ie (ex-TD Direct Investing).

On such account I recently had to sell some shares and I am now calculating the Capital Gain Tax on this operation (I am crystallising some losses at the same time from part of the shares I sold). I have a couple of queries based on this webpage though:
https://www.fool.com/knowledge-center/can-i-sell-and-buy-shares-in-the-same-stock-within.aspx

Does the advice on the mentioned webpage apply only for US Shares? Or have we got a similar rule for Irish and European Shares?

FYI I am aware of the FIFO practice when selling same share which I bought in different times.

Your opinions are very welcome please as I am getting confused on this subject when I look into the revenue.ie website.

Thank you very much!

 

[RedOnion]

The equivalent rule here is called the bed and breakfast rule. If you Google that term you'll find what you're looking for.
You need to wait at least 28 days if you want the losses to be available gong forward.

 

[Godfather]

Thank you very much RedOnion!