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Tax on ETF's

  • 22-04-2019 3:40am
    Registered Users Posts: 142 ✭✭ aridion

    Hi guys,

    Opened my Degiro account. I am keen to start investing in S&P 500 and other shares/stocks.

    I am based in Asia, with an Irish bank account and I plan to invest an initial lump sum (15,000-20,000euro), and continue to invest money once or twice a year after that.

    Will I be liable to pay heavy taxes if in the future I take money out of this account? Is it seen as capital gains tax?

    I am a bit clueless with all this.

    kindest Regards


  • Registered Users Posts: 226 ✭✭ Shai

    are you a tax resident of the Asian country you are currently in? If so, your taxes are defined by that country's tax code.

  • Registered Users Posts: 142 ✭✭ aridion

    Yes, I am a tax resident in Asia.