Ireland excludes crypto from new tax-advantaged investment accounts

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Ireland’s Department of Finance has unveiled plans for new tax-advantaged investment accounts for Irish residents, set to launch next year. These accounts will allow investments in stocks, bonds, exchange-traded funds and other investment funds, while excluding crypto assets and derivatives. The Irish government justifies this exclusion by classifying these assets as highly complex and risky products. Tax rates and tax-free thresholds will be announced in Budget 2027. The decision aligns with Ireland’s stricter approach to crypto regulation, including proposed reforms to strengthen Anti-Money Laundering requirements.

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Telemac
Telemachttp://cryptoinfo.ch
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