thanks for that i just googled it, if your foreign income is lower than 3810 euro you can avail of this, however if it is above this threshold the income is then taxable at full amount. Seems a bit strange as exchange rates etc are not exact and open to interpretation depending on whether you use monthy averages or exact rates on the day of dividend, so if you are 1 euro over this threshold you are then fully taxable.I think that if you’re non-resident but ordinarily resident, foreign income is exempt unless it exceeds €3,810.
thanks for that i just googled it, if your foreign income is lower than 3810 euro you can avail of this, however if it is above this threshold the income is then taxable at full amount. Seems a bit strange as exchange rates etc are not exact and open to interpretation depending on whether you use monthy averages or exact rates on the day of dividend, so if you are 1 euro over this threshold you are then fully taxable.
As far as I know, you are taxed where you are resident.
US ETF's are off the table Europe wide at the moment as a KID has to be provided to a customer buying them. As US domiciled funds don't produce them, they can't be sold in Europe. I was talking to a contact last week who said there is lobbying going on that the effective banning of US domiciled funds is an unforeseen consequence of PRIPPS regulation. Not sure if it will have any effect or if so, when.
Steven
If a US broker will open an account for you, you can buy them. From my conversations with them, they will open accounts for people who are US domiciled but not for just anyone around the world. Maybe some of them will....
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