Ireland excludes crypto from new tax-advantaged investment accounts

Ireland’s planned investment accounts will offer tax benefits for stocks, bonds and ETFs, while excluding crypto and derivatives as higher-risk products.

Ireland’s Department of Finance has unveiled plans for a new tax-advantaged investment account to encourage more retail investing, but crypto will be excluded from the preferential structure alongside derivatives, underscoring regulators’ ongoing cautious approach to digital assets. 

In a roadmap published Monday, the department said the accounts will allow investments in stocks, bonds, exchange-traded funds and other investment funds. Crypto assets and derivatives will be excluded, with the government classifying them as “highly complex and risky” products.

Read more

About the author

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Recent Works