CFDs and tax implications

bosra

Registered User
Messages
20
Hi

Does anyone know what the tax implications are for an Irish person (resident in Ireland) that buys or sells CFDs using a UK broker? I have read that only profits that are remitted to Ireland are liable for capital gains tax...and the first €1270 of profits are exempt from capital gains tax. Does anyone have an information about this area or maybe is in a similar situation.

thanks
 
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