Overseas123
Registered User
- Messages
- 6
Hi
I have a property in the UAE (DTA exists btw Ireland and the UAE) and if I was to sell it I would make a loss at the moment. I also have property in Ireland that has gained which if I was to sell would be liable for irish CGT.
Although there is no CGT in the UAE if I was to sell the two apartment could I use the loss in the UAE to reduce the tax in Ireland?
I am an Irish nontax resident (would it help if the sales were made after returning to ireland and becoming an irish tax resident?) if I was to sell the foreign property first for how long can I bring the loss forward? Is there any detailed info on the internet on this?
Thanks for all the help
Eoghan
I have a property in the UAE (DTA exists btw Ireland and the UAE) and if I was to sell it I would make a loss at the moment. I also have property in Ireland that has gained which if I was to sell would be liable for irish CGT.
Although there is no CGT in the UAE if I was to sell the two apartment could I use the loss in the UAE to reduce the tax in Ireland?
I am an Irish nontax resident (would it help if the sales were made after returning to ireland and becoming an irish tax resident?) if I was to sell the foreign property first for how long can I bring the loss forward? Is there any detailed info on the internet on this?
Thanks for all the help
Eoghan