Any Irish investment account needs to encourage participation in capital markets through simplicity, tax certainty and long-term stability. The issue is not that Ireland taxes investment gains. By contrast, direct share investments are taxed at the 33 per cent capital gains tax (CGT) rate. International experience suggests that well-designed retail investment frameworks can increase overall engagement rather than simply shelter existing assets. It is whether we can design a framework that supports prudent, long-term participation rather than discouraging it.

Source: The Irish Times February 23, 2026 16:00 UTC