Tax on foreign earnings?

[John Da' Nodge]

Was just talking to a buddy of mine, a friend of his flew into dublin airport last week after 2 years away in australia and was questioned. He mentioned that he was working and the lads asked for his bank statements..appearently they taxed what he had in his account. This surprised me, surely you cant be taxed in Ireland on money earned abroad? Is this a new thing or something always in place that I have never heard of?


Can anyone shed light on this?

 

[oul'doll]

Certainly have never heard of this. You can't be taxed twice on your earnings. You can be taxed if you bring over a certain amount into the country (i think) in cash, but that was his bank account.

Why was he even questioned if he has an irish passport? How can they question a citizen just flying home?
You sure about this story?

 

[Patty Flowers]

Was just talking to a buddy of mine, a friend of his flew into dublin airport last week after 2 years away in australia and was questioned. He mentioned that he was working and the lads asked for his bank statements..appearently they taxed what he had in his account. This surprised me, surely you cant be taxed in Ireland on money earned abroad? Is this a new thing or something always in place that I have never heard of?


Can anyone shed light on this?

If he was transferring money earned from oz into an Irish account then he should have made a tax declaration in Ireland because he is liable to tax on interest earned on any savings/dividends(even the credit union acc)/investments/shares in Irish financial institutions.

I have to do that, to maintain my tax clearance in Ireland.

 

[John Da' Nodge]

Literally just heard it, my friend is pretty copped on and would have no reason to make it up etc..

It surprised me as ive been abroad working myself and never seen or heard anything like this before

 

[oul'doll]

Ah I don't mean he made it up, just that details get confused.

 

[John Da' Nodge]

Ah I don't mean he made it up, just that details get confused.

Maybe, no doubt ill hear more about it in the coming days

 

[John Da' Nodge]

If he was transferring money earned from oz into an Irish account then he should have made a tax declaration in Ireland because he is liable to tax on interest earned on any savings/dividends(even the credit union acc)/investments/shares in Irish financial institutions.

I have to do that, to maintain my tax clearance in Ireland.

Maybe that was the case, cheers!

 

[Rootofmyboot]

Maybe that was the case, cheers!

If he sent over 10,000k euro to his account, it will be checked.

Strange he got questioned at the airport. What was that all about?

 

[Dr. Aaoouh]

If he sent over 10,000k euro to his account, it will be checked.

Strange he got questioned at the airport. What was that all about?

He was probably wearing too much bling.

 

[Rootofmyboot]

He was probably wearing too much bling.

I'd say there is a few more details to the story somehow