ETF Exit Tax & Deemed Disposal Calculator

It has two modes. Project deemed disposal grows a lump sum at the rate you choose, charges exit tax every 8 years and on the sale, and shows the total tax, the tax paid early and the growth you give up by paying it early. Work out one event calculates the tax on a single deemed disposal or sale from your actual figures, for your Form 11.

On each 8th anniversary of buying an ETF, you are taxed as if you had sold it and bought it back at its market value that day, even though you sold nothing. Exit tax is due on the gain. The next gain, at the following deemed disposal or when you sell, runs from that value.

The rate depends on the date of the event: 41% for events up to 31 December 2025, 38% for events in 2026 and 35% from 1 January 2027. The 35% rate was announced in Budget 2027 and is due to be legislated in the Finance Bill.

A loss counts as nil, so nothing is charged and nothing is repaid at a deemed disposal. If you then sell at a loss, Revenue repays the deemed-disposal tax above what the sale alone would have cost, measured from what you originally paid.

No. Losses on ETFs taxed under these rules can't be set against other gains or income, and there is no annual CGT exemption or indexation. USC and PRSI don't apply to exit tax.

Yes. ETFs bought through a broker don't deduct exit tax, so you self-assess it on Form 11 for the year of the deemed disposal or sale, in the offshore funds section of Panel E. Buying an ETF domiciled outside Ireland, for example in Luxembourg, also makes you a chargeable person for that year, so you need to file a Form 11.

Usually not. US-domiciled ETFs are generally not equivalent to an Irish fund, so gains are taxed under CGT and dividends as income. Revenue's guidance before 2022 treated some non-EU ETFs like shares; if one of those is found equivalent, its 8-year clock counts from 2022. This calculator doesn't cover those cases.

Deemed disposal makes you pay tax before you sell. If you pay it from savings that would otherwise have grown at the same rate as the ETF, this is the growth you lose by paying early. It's an estimate of the real cost of the 8-year rule.

Budget 2027 announced a new investment account, due in 2027, that deemed disposal won't apply to. The details are still to be confirmed in the Finance Bill, so this calculator covers ETFs held outside it.