Key Post Where to buy ETF, iShares & QQQ shares

[PMU]

Re: Key Post: Where to buy ETF, iShares & QQQ shares

Just wondering if anybody could clarify the tax treatment of ETF bought on the London Stock Exchange?

If the ETF is an iShare, as these are Irish UCITS, the prospectus (page 32 onwards) deals with tax issues for Irish residents.

 

[maturin]

Re: Key Post: Where to buy ETF, iShares & QQQ shares

Hi RugbyBoy,

I agree it's confusing and I too would like a definitive answer.
I think there are 3 questions :
- rate of tax on dividends
- rate of tax on capital gains
- does the "8 year" rule apply

The topic has been discussed elsewhere on this forum but I don't think there has been a definitive conclusion. See threads:
http://www.askaboutmoney.com/showthread.php?t=41554
http://www.askaboutmoney.com/showthread.php?t=58104

and also have a look at the revenue document:
[broken link removed]
related to "Taxes Consolidation Act 1997: Part 27
Unit trusts and Offshore funds.

Please letus know how you get on.

​

 

[bogle]

Re: Key Post: Where to buy ETF, iShares & QQQ shares

If the ETF is an iShare, as these are Irish UCITS, the prospectus (page 32 onwards) deals with tax issues for Irish residents.

From reading the Irish taxation section in the prospectus I came to the conclusion that the 8 year rule does apply to iShares Irish UCITS.

 

[pudds]

thats some *bump* thread started back in 23-12-2004 last post b4 yours 2008