Ireland excludes crypto from new tax-friendly accounts

Ireland has excluded crypto and derivatives from tax-advantaged investment accounts due to the launch in 2027, while allowing listed stocks, bonds, ETFs and retail investment funds. Summary Ireland’s new investment accounts will become available to eligible residents in 2027. Crypto assets and derivatives will not qualify for the account’s preferential tax treatment. Budget 2027 will set the tax-free threshold, flat tax rate, and annual contribution limit. Each eligible adult may open one account through an approved financial provider. Ireland’s Department of Finance said in its retail investment roadmap that crypto assets and derivatives will remain outside the new account because the government considers them “highly complex and risky” products. The account will instead cover listed shares, listed bonds, financial instruments traded on regulated markets, and funds considered suitable for retail customers. Exchange-traded funds and certain insurance-based investment products will also qualify. Scheduled to become available next year, the structure will be open to Irish tax residents aged 18 or older who hold a Personal Public Service Number. Each person may have one account, and a...