Key Post The different ways for investing directly in the stock market

[GSheehy]

	Stamp Duty	Tax on Gains	Tax on dividends	Foreign Estate Tax	Offset Losses	Notes
Irish Shares	1.0%	33%	FIT	n	y
UK Shares	0.5%	33%	FIT	?	y
US Shares		33%	FIT	y	y
ETF - UCTIS		41%	FIT/ACC	n	n	Accumulating ETFs avoid dividend Tax
Mutual Funds	1% levy	41%	ACC	n	y-within fund
Investment Trusts		33%	FIT	y	y
OEIC/ Unit Trusts		41%	FIT	?	n

FIT = Full Income Tax including PRSI & USC
ACC = Accumulating, i.e. reinvested at 0% Tax

The 1% Levy on Mutual/UL Funds can easily be offset so cost is zero.

 

[tinymouse]

	Stamp Duty	Tax on Gains	Tax on dividends	Foreign Estate Tax	Offset Losses	Notes
Irish Shares	1.0%	33%	FIT	n	y
UK Shares	0.5%	33%	FIT	?	y
US Shares		33%	FIT	y	y
ETF - UCTIS		41%	FIT/ACC	n	n	Accumulating ETFs avoid dividend Tax
Mutual Funds	1% levy	41%	ACC	n	y-within fund
Investment Trusts		33%	FIT	y	y
OEIC/ Unit Trusts		41%	FIT	?	n

FIT = Full Income Tax including PRSI & USC
ACC = Accumulating, i.e. reinvested at 0% Tax

How do EU registered shares compare?

 

[AJAM]

For the most part, EU Shares operate the same as US shares except that there is no estate tax.