There wouldn't be, no.
Separately, there are reference exchange rates given by Revenue each year for the major currencies to be used when translating for tax purposes, I would use those rather than various rates throughout the year when dividends are received. Much simpler when doing your return.
The same as if you had bought dollars the day you received your dividends. You already calculated their euro value in order to pay tax on the dividends. Whenever you actually convert back to euro in future, the difference between the value you calculated then and the value now is your gain (or loss).If so how would you calculate your gain?
Yes, and in general a euro trading account is simpler, where currency conversion happens at the point of buying and selling shares (or receiving dividends). Since you never actually hold the currency you only have to account for the share transactions.So using a platform like DeGiro for US shares is much simpler then, because USD dividends are auto converted to euros when received?
1) Receive dividends in dollars on date 1 -- income tax due on euro equivalent, and you have now purchased dollars at that price.
2) Buy shares with dollars on date 2 -- you have disposed of the dollars and are liable for CGT on difference in value between dates 1 and 2
3) Sell shares on date 3 -- you are liable for CGT on the difference in their euro value between dates 2 and 3
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