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Capital Gains Tax of 40% for "Certain Foreign Investment Products"???

  • 24-09-2008 10:11pm
    #1
    ZWEI_VIER_ZWEI
    Closed Accounts Posts: 760 ✭✭✭


    Here and other places I've seen mentions of a CGT rate of 40% over 20% for what it calls "certain foreign investment products", however, nowhere can I find clarification of what actually constitutes a "certain foreign investment product"...does anyone know anything more about this? is this anything I need to worry about??
    Tagged:


Comments

  • #2
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭ranger4


    Hope the gangsters in the dail doint rase the cgt rate to 40% would be a waist of time sharetrading.


  • #3
    A Random Walk
    Closed Accounts Posts: 346 ✭✭A Random Walk


    I believe this applies to certain (maybe all) offshore life assurance policies and certain specialised funds which aren't too common.


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