Revenue eBrief No. 164/21

01 September 2021

Exchange Traded Funds

The following updates have been made to more clearly set out the taxation of investors in Exchange Traded Funds (ETFs) and Exchange Traded Commodities (ETCs):

  • TDM Part 27-01a-02 - Investment Undertakings - has been updated to include guidance on how investors in Irish regulated ETFs pay the tax arising on a chargeable event.
  • TDM Part 27-02-01 - Offshore Funds – has been updated to clarify that the offshore funds rules apply to ETFs and ETCs in the same way as other offshore funds. That is, whether or not an investment in an ETF or an ETC is a material interest in an offshore fund should be determined by following the decision trees set out in this TDM.
  • TDM Part 27-01a-03 - Exchange Traded Funds - has been updated to direct users to the above mentioned TDMs rather than providing separate guidance on the taxation of investments in ETFs and ETCs.