Revenue eBrief No. 038/22 – Exchange Traded Funds

Revenue eBrief No. 038/22

21 February 2022

Exchange Traded Funds

Tax and Duty Manual (TDM) Part 27-01a-03 on the taxation of investments in Exchange Traded Funds has been updated to confirm the interaction of the 8 year “deemed” disposal rule with updated guidance published on 1 September 2021, where applicable, which takes effect from 1 January 2022.

In addition, the following TDMs have been updated to further clarify the appropriate Case under which income and gains are taxed, where not already confirmed:

  • Part 27-02-01 [Taxation of Income and Gains from certain offshore states]
  • Part 27-04-01 [Taxation of Income and Gains from EU, EEA and certain OECD Member States]
  • Part 27-01a-02 [Investment Undertakings].

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