Offshore Funds

Offshore funds and ETFs (Exchange Traded Funds) offer exciting and lucrative opportunities. However, the tax treatment can be very complicated. This is because the tax treatment of investors who have an interest in offshore investments is dependent on a number of factors.  Therefore, it’s vital that you get up-to-date, specialist professional advice to guide you through the complexities and ensure that you’re tax compliant.

At Accounts Advice Centre, we provide a full and comprehensive tax advisory and compliance service in relation to:

• “Equivalent” Offshore Funds based in the EU, EEA, or an OECD country with which Ireland has a Double Taxation Agreement (DTA).

• “Non-equivalent” Offshore Funds based in the EU, EEA, or an OECD country with a DTA with Ireland.

• Offshore Funds based outside the EU, EEA, or OECD with a DTA including Channel Islands, Cayman Islands, etc.

• Personal Portfolio Investment Undertakings – PPIU.

• ETFs domiciled in the EU, EEA or an OECD member state.

• ETFs domiciled in other territories (other than EU, EEA or OECD member states).

In summary, we offer specialized international tax services focusing on complex cross-border issues, expertise in international and expatriate tax for individuals, tax advice for complex organisational investment and international structuring, experience in mitigating risks associated with working across multiple jurisdictions, a track record in ensuring compliance with global information exchange regulations as well as assisting non-domiciled individuals with Irish tax concerns.

To ensure you correctly disclose details of income and/or gains from offshore investments, please contact us.  To book an appointment to discuss your Offshore Funds and Exchange Traded Funds, please contact us at queries@accountsadvicecentre.ie