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Capital Gains Tax - Tax Loss Harvesting

  • 21-10-2017 7:45pm
    #1
    Gear9992
    Registered Users, Registered Users 2 Posts: 121 ✭✭


    Hi all,

    I own some shares of an ETF that tracks the US stock market (VTI: Vanguard Total Stock Market), and I was just reading up today on how to get the most out of any capital losses that I may have in the future.

    Here's a potential scenario:

    In 2017 I buy €5000 worth of VTI.
    In 2018 my shares of VTI drop to a value of €4000.

    As far as I'm aware, if I sell these shares for a loss of €1000, I can offset this loss against future gains.



    Two questions I have:

    1. How far forward can I carry these losses? 1 year? 5 years? is there any limit?

    2. If i re-buy these shares after selling them, Revenue says that you can't buy the same 'class' of share back within 4 weeks and still use the loss (the so-called 'Bed and Breakfast Rule'. What do they mean by the same 'Class' of share? For example, could I sell my Vanguard Total Market shares and immediately buy an iShares S&P500 ETf which is very similar to the Vanguard ETF?


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