T topgunmav007 Guest 3 Feb 2009 #1 Is it possible to offset share gains against losses.?? IE... Brought shares 15/10/07 sold them 29/05/08 profit $9000 Brought shares 08/01/08 sold them 30/06/08 loss $7500 Can i offset these against each other at tax end financial yr 2007-08 ??? Appreciate your help! Regards
Is it possible to offset share gains against losses.?? IE... Brought shares 15/10/07 sold them 29/05/08 profit $9000 Brought shares 08/01/08 sold them 30/06/08 loss $7500 Can i offset these against each other at tax end financial yr 2007-08 ??? Appreciate your help! Regards
W WaterSprite Registered User Messages 1,309 3 Feb 2009 #2 Are you based in the US? If so, you'll need to have a look at a US-based site. This site only deals with Irish tax queries. In Ireland, yes, you would be able to offset a capital loss incurred in the same year or prior to a gain.
Are you based in the US? If so, you'll need to have a look at a US-based site. This site only deals with Irish tax queries. In Ireland, yes, you would be able to offset a capital loss incurred in the same year or prior to a gain.