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Tax rate on tracking stock

Colonel_McCoy · 2019-01-16 16:08:29

Working for a company A, I was given RSUs and paid tax a source. Company A merged with Company B..........I paid bic on the shares I previously received and got monetary value of the shares PLUS tracking stock of a subsidiary company for balance. If I sell the tracking stock, am I paying 33%, 52% or I am paying the 33% on…

16-01-2019 4:08pm

#1

Colonel_McCoy

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Working for a company A, I was given RSUs and paid tax a source.

Company A merged with Company B..........I paid bic on the shares I previously received and got monetary value of the shares PLUS tracking stock of a subsidiary company for balance.

If I sell the tracking stock, am I paying 33%, 52% or I am paying the 33% on the difference from the date of sale and the date the I received the tracking stock .

Appreciate any help

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Comments

#2 16-01-2019 4:58pm

MarioLuigi

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Posts: 50

If you sell the shares you will only have to pay capital gains on the profit, minus an annual allowance of €1,270. For example if they were valued at €10k when you received them, and you sell them in the future for €20k, your taxable amount will be €8,730 (assuming you have no other CGT losses in the past). The current CGT rate is 33%.

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#3 16-01-2019 5:57pm

Calahonda52

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https://www.revenue.ie/en/gains-gifts-and-inheritance/transfering-an-asset/how-to-calculate-cgt.aspx

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