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Investment taxation

onlinenerd · 2020-08-02 19:39:08

I recently started dabbling in the stock market through etoro and surprisingly made a bit of money. I know there is a 33.3% CGT in Ireland but I have no idea how this taxation works as I want to transfer funds from etoro to my bank account. Do I fill in a form or does the tax inspector turn up at my door step?:D Perhaps…

02-08-2020 8:39pm

#1

onlinenerd

Registered Users Posts: 195 ✭✭

Join Date: February 2013

Posts: 185

I recently started dabbling in the stock market through etoro and surprisingly made a bit of money. I know there is a 33.3% CGT in Ireland but I have no idea how this taxation works as I want to transfer funds from etoro to my bank account.

Do I fill in a form or does the tax inspector turn up at my door step?:D Perhaps someone who has been in a similar situation can shed some light. Thanks

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Comments

#2 02-08-2020 11:29pm

Geuze

Registered Users Posts: 13,051 ✭✭✭✭

Join Date: July 2010

Posts: 12905

If you dispose of an asset, and make a taxable gain, then you declare the gain in your normal tax return.

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