Tax on interest/investment on remitted money
- Thread starter Pvkfinque
- Start date
Brendan Burgess
Founder
- Messages
- 53,771
If the amounts are large, you need specialist tax advice.
My understanding is that if you are an ordinary Irish tax resident and and also domiciled here - then you are taxed on your worldwide income.
If you are resident here but domiciled abroad, e.g. you might be a non-Irish citizen working here temporarily, you may not be taxable on your overseas income.
But it's a specialist area.
Marc Westlake who posts on this forum is very good in this area and understands the tax implications and tax planning opportunities for non-domiciled Irish residents.
Brendan
My understanding is that if you are an ordinary Irish tax resident and and also domiciled here - then you are taxed on your worldwide income.
If you are resident here but domiciled abroad, e.g. you might be a non-Irish citizen working here temporarily, you may not be taxable on your overseas income.
But it's a specialist area.
Marc Westlake who posts on this forum is very good in this area and understands the tax implications and tax planning opportunities for non-domiciled Irish residents.
Marc Westlake CFP®, TEP, APFS, EFP ,QFA
I thought I should update this. My original post stated that after more than 1,000 posts I've decided not to make any further posts on Askaboutmoney.com due to a group of posters who have decided to attack my posts constantly. However, I have been approached by so many people in the “real...
www.askaboutmoney.com
Brendan