New Revenue rules to boost trading

22nd April, 2015

Investment experts have welcomed guidance issued last week by Revenue on the tax treatment of Exchange Traded Funds (ETF), vehicles which allow investors to diversify at low cost.

The lack of clarity over the funds had been the subject of severe criticism by personal finance and investment professionals.

“I think this is a significant and very welcome development,” said William Fry, tax partner at Ted McGrath. “This is important for both investment advisers, when choosing...

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