UCITS Funds - Offset arised income against a realised loss in the same year

Derek Maloney

Registered User
Messages
14
Hi all, more UCITS confusion for any UCITS experts out there :)

For taxation purposes as an Irish resident, can you offset income arising from distributions generated by a UCITS fund against a realised loss in that fund in the same year?

Any clarity greatly appreciated!
 
DetailsEUR
Buy100
Sell99
Distribution1
Profit before tax0
Tax on distribution @ 41%0.41
Profit after tax(0.41)

This is my understanding of your situation and no would be my answer to your question if you are Irish resident and domiciled for tax purposes.
 
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