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Joint trading account issues

Da11 · 2018-09-26 09:20:43

Hey everyone, I have a question - Few of us want to invest in the shares through one fund. I rang Davy/Goodbody - they don't do joint trading accounts for more than 2 persons and couldn't advise me at all. Does anybody know if it is acceptable by the Revenue that the shares will be traded under 1 person's name, but the…

26-09-2018 9:20am

#1

Da11

Registered Users, Registered Users 2 Posts: 61 ✭✭

Join Date: June 2009

Posts: 30

Hey everyone,

I have a question - Few of us want to invest in the shares through one fund. I rang Davy/Goodbody - they don't do joint trading accounts for more than 2 persons and couldn't advise me at all.

Does anybody know if it is acceptable by the Revenue that the shares will be traded under 1 person's name, but the declaration of CGT will be done by 4 different people? In other words can members of our group declare it's part of the gain separately and off course claim personal exemption?

Thank You in advance

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