I cant seem to get a straight answer on this, maybe someone could help
I'm an Irish Resident, Ordinarily Resident, Non Domiciled individual who disposes of UK shares not related to property. To what extent is this chargeable to Irish CGT?
The revenue website states:
"In the case of a person who is resident or ordinarily resident but not domiciled in the State, gains realised on disposals of assets situated outside the State and the United Kingdom are liable to tax only to the extent that the gains are remitted to this country and such gains are not chargeable to tax until so remitted"
This suggests that disposals within Ireland and UK are liable to Irish tax?
However, however article 14 seems to provide an exemtion from Irish tax under article 14 of the double tax agreement.
Anyone have any ideas?
I'm an Irish Resident, Ordinarily Resident, Non Domiciled individual who disposes of UK shares not related to property. To what extent is this chargeable to Irish CGT?
The revenue website states:
"In the case of a person who is resident or ordinarily resident but not domiciled in the State, gains realised on disposals of assets situated outside the State and the United Kingdom are liable to tax only to the extent that the gains are remitted to this country and such gains are not chargeable to tax until so remitted"
This suggests that disposals within Ireland and UK are liable to Irish tax?
However, however article 14 seems to provide an exemtion from Irish tax under article 14 of the double tax agreement.
Anyone have any ideas?