Does anybody know whether I am right in thinking that apart from collectible commemorative proof coins issued by the Irish Central bank, which are consequently legal tender in Ireland—but are presumably pretty illiquid, and thus prone to high margins and sold at a significant markup to the spot price of the gold content—all gold coins purchased in Ireland by Irish tax residents (and in particular bullion coins like British Gold Sovereigns and Britannias and Austrian Gold Philharmonics, which I understand are legal tender in their country of issue only), are subject to capital gains tax?
In short, are there any widely-traded one ounce gold bullion coins available to buy in Ireland that are exempt from capital gains tax?
Thanks in advance for any answers.
In short, are there any widely-traded one ounce gold bullion coins available to buy in Ireland that are exempt from capital gains tax?
Thanks in advance for any answers.