Hi,
I'm new to the board and already found a mine of information , I have a question and I hope someone can help me out here.
Although I live in Ireland I'm not domiciled in Ireland, I'm Dutch and I have some income and capital gain on a shares investment abroad on a third country (not in my original country the Netherlands) but never ever remitted anything to Ireland from that investment. Over the years I had gains and losses but never filed a Tax Return for that investment, since being non domiciled I would have no tax liability on that investment here in Ireland. I'm a PAYE in Ireland and have no other income in Ireland other than my PAYE income but have a big worry now..... Even if I'm not domiciled here, should I have filed a Tax Return anyway for that investment? What are the penalties for not filing a Tax Return in these circumstances and If I'm in the wrong how can I rectify this ?
Thanks
fvallesi
I'm new to the board and already found a mine of information , I have a question and I hope someone can help me out here.
Although I live in Ireland I'm not domiciled in Ireland, I'm Dutch and I have some income and capital gain on a shares investment abroad on a third country (not in my original country the Netherlands) but never ever remitted anything to Ireland from that investment. Over the years I had gains and losses but never filed a Tax Return for that investment, since being non domiciled I would have no tax liability on that investment here in Ireland. I'm a PAYE in Ireland and have no other income in Ireland other than my PAYE income but have a big worry now..... Even if I'm not domiciled here, should I have filed a Tax Return anyway for that investment? What are the penalties for not filing a Tax Return in these circumstances and If I'm in the wrong how can I rectify this ?
Thanks
fvallesi