Tax on bonds

[Gordon Gekko]

The query that started the thread was answered in post #2.
The query that started the rabbit hole was from @TravisT.

To which you replied that this was all "gibberish"; we're in Ireland not the US.
Is that still your answer? (third time of asking)
If it is then AAM has failed @TravisT as they have received conflicting answers and have no option but to ask Revenue.

Yes it is still my answer. There’s no mention of buying at issuance and I’ve never seen a private individual holding those < 1 year NTMA T-bills.

 

[TravisT]

Thanks @Duke of Marmalade and @Corolla for offering feedback and evidence. I was hoping these ‘zero coupon bonds’ were indeed liable for capital gain, alas seems not to be.

 

[S class]

Give GG a last chance to at least concede that he might be wrong. Ideally @TravisT should get a near unanimous answer from AAM.

He should correct this wrong information also.

Post in thread 'Should I ignore a registered letter?'

Should I ignore a registered letter?

I got notice of a registered letter. When I went to sorting office, they were not able to tell me the sender. I refused to accept the letter. While I am not expecting anything by registered letter, it still worries me. Such letters are usually bad news. This time of year, it could the Seanad...

www.askaboutmoney.com

 

[Duke of Marmalade]

Thanks @Duke of Marmalade and @Corolla for offering feedback and evidence. I was hoping these ‘zero coupon bonds’ were indeed liable for capital gain, alas seems not to be.

Still, maybe check with your inspector and great if you could report back to AAM. I might check myself, hypothetically.

 

[Gordon Gekko]

He should correct this wrong information also.

Post in thread 'Should I ignore a registered letter?'

Should I ignore a registered letter?

I got notice of a registered letter. When I went to sorting office, they were not able to tell me the sender. I refused to accept the letter. While I am not expecting anything by registered letter, it still worries me. Such letters are usually bad news. This time of year, it could the Seanad...

www.askaboutmoney.com

In what way is it ‘wrong information’?

You really need to get a life

 

[Gordon Gekko]

Thanks @Duke of Marmalade and @Corolla for offering feedback and evidence. I was hoping these ‘zero coupon bonds’ were indeed liable for capital gain, alas seems not to be.

The phrase “the blind leading the blind” comes to mind. There is an obvious difference between the taxation of US government bonds and Irish government bonds. Gains on Irish government bonds are tax-tree in Ireland, whereas gains on US government bonds are taxable in Ireland.