Hi,
Regarding the First-in First-out rules when selling shares of the same assets, the following is stated on Revenue:
"Disposal of shares within four weeks of acquisition
The FIFO rules are modified in any case where shares of the same class are bought and sold within a period of four weeks. Where shares are sold within four weeks of acquisition the shares sold are identified with the shares acquired within that period."
Would this also apply for RSUs that have just vested?
I have a few shares vesting soon and I would like to sell them immediately after vesting (even though I still have long-term shares of the same assets) as no CGT would be applied to them (only income tax, USC, PRSI which is done automatically by the brokerage).
Thanks in advance!
Regarding the First-in First-out rules when selling shares of the same assets, the following is stated on Revenue:
"Disposal of shares within four weeks of acquisition
The FIFO rules are modified in any case where shares of the same class are bought and sold within a period of four weeks. Where shares are sold within four weeks of acquisition the shares sold are identified with the shares acquired within that period."
Would this also apply for RSUs that have just vested?
I have a few shares vesting soon and I would like to sell them immediately after vesting (even though I still have long-term shares of the same assets) as no CGT would be applied to them (only income tax, USC, PRSI which is done automatically by the brokerage).
Thanks in advance!