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USA investments CGT - Tax

AdrianoC · 2021-01-22 17:42:49

Hi, I have some investments in a USA broker, normally I send money via Exchange, so I know about the CGT rules, what is confusing for me is when should I calculate the tax? e.g: Sent 10k, made 5k through last year, total 15k should I pay tax only if I bring the money back to Ireland? If so should I deduce any loss with the…

22-01-2021 6:42pm

#1

AdrianoC

Registered Users Posts: 2 ✭

Join Date: January 2021

Posts: 1

Hi,

I have some investments in a USA broker, normally I send money via Exchange, so I know about the CGT rules, what is confusing for me is when should I calculate the tax?

e.g: Sent 10k, made 5k through last year, total 15k
should I pay tax only if I bring the money back to Ireland? If so should I deduce any loss with the current currency(I guess this is right)?

Thank you,
Adriano.

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