Deemed disposal now applied to non EU i.e. US domiciled ETFS?

[war_eagle]

@whovianpastorswife13 Has always been like this... Every single ETF is covered by the 8 year deemed disposal...

 

[whovianpastorswife13]

@war_eagle Non UCITS / Non EU domiciled e g. US domiciled were exempt from deemed disposal and instead 33% CGT was due on drawdown.

 

[war_eagle]

@whovianpastorswife13 Right, but since it is ilegal for any European licensed broker to sell US ETFs anyway and everyone investing in them was doing it internationally (which is legally risky by itself) I doubt it will make any difference on Ireland's investment momentum.

It was extremely predictable that this was going to happen.