Irish ETF exit tax calculator: every deemed disposal, purchase by purchase

How the 8-year rule works

• Every purchase has its own clock. A monthly investor has 12 deemed disposals a year once the first purchases reach 8 years.
• The tax is on the gain since you bought, at the rate for the year of the event. Earlier deemed disposal tax on the same purchase is credited.
• On a final sale you pay the rest, or claim back any excess if the value fell or the rate dropped.
• Losses do not offset. A fund down on its 8-year date pays nothing, but the loss cannot reduce other gains.

Tracking every purchase, sale and distribution for Revenue is the hard part. The Irish ETF Exit Tax Tracker spreadsheet keeps the records year by year; this calculator shows the dates and amounts to plan for. See also how investments are taxed in Ireland and where should my money go?

Frequently asked questions

What is deemed disposal on Irish ETFs?
Every 8 years after you buy an ETF or other investment fund, Revenue treats it as sold and bought back, and you pay exit tax on the gain since you bought it, even though you sold nothing. Each purchase has its own 8-year clock, so regular investors face a deemed disposal almost every year.

What is the exit tax rate in 2026 and 2027?
38% for events in 2026 and 35% from 2027 (Budget 2027), down from 41%. The rate is the one in force in the year of each deemed disposal or sale.

Do I pay tax twice when I finally sell?
No. Tax paid on earlier deemed disposals is credited against the tax on the sale. If the price has fallen since the last deemed disposal, or the rate has dropped, you can claim back the difference.

What if the ETF is down on its 8-year date?
Then no exit tax is due on that date. Losses on funds cannot be set against other gains, unlike shares under CGT.

When do I pay and file?
Exit tax on a deemed disposal is paid through your Form 11 for the year of the event, by 31 October of the following year (mid-November if you file online through ROS).