Key Post Where to buy ETF, iShares & QQQ shares

Discussion in 'Exchange Traded Funds (ETFs)' started by andy, Dec 23, 2004.

  1. PMU

    PMU Frequent Poster

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    770
    Re: Key Post: Where to buy ETF, iShares & QQQ shares

    If the ETF is an iShare, as these are Irish UCITS, the prospectus (page 32 onwards) deals with tax issues for Irish residents.
     
  2. maturin

    maturin Frequent Poster

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    56
    Last edited: Oct 23, 2007
    Re: Key Post: Where to buy ETF, iShares & QQQ shares

    Hi RugbyBoy,

    I agree it's confusing and I too would like a definitive answer.
    I think there are 3 questions :
    - rate of tax on dividends
    - rate of tax on capital gains
    - does the "8 year" rule apply

    The topic has been discussed elsewhere on this forum but I don't think there has been a definitive conclusion. See threads:
    http://www.askaboutmoney.com/showthread.php?t=41554
    http://www.askaboutmoney.com/showthread.php?t=58104

    and also have a look at the revenue document:
    http://www.revenue.ie/services/foi/s16_2001/pt_27.pdf
    related to "Taxes Consolidation Act 1997: Part 27
    Unit trusts and Offshore funds.

    Please letus know how you get on.
     
    Last edited: Oct 23, 2007
  3. bogle

    bogle Frequent Poster

    Posts:
    128
    Re: Key Post: Where to buy ETF, iShares & QQQ shares

    From reading the Irish taxation section in the prospectus I came to the conclusion that the 8 year rule does apply to iShares Irish UCITS.
     
  4. pudds

    pudds Frequent Poster

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    1,649
    thats some *bump* thread started back in 23-12-2004 last post b4 yours 2008:D