[Ireland to Launch New Tax-Free Savings Accounts Allowing Investment in Stocks and ETFs, Excluding Crypto Assets and Derivatives] According to Bloomberg, Ireland has announced a new state-supported savings account program set to launch early next year. Investment returns within the accounts will be tax-free up to a certain limit, with amounts exceeding the threshold subject to a 'lower unified tax rate.' Specific thresholds and tax rates will be disclosed in the October 6 budget announcement. The accounts will allow investments in publicly listed stocks, bonds, and ETFs but will exclude derivatives and crypto assets. The government also stated that these accounts will not be subject to the current 38% 'deemed disposal' tax applied to investment fund products. Additionally, it will consider adjusting the deemed disposal mechanism for other investment products to reduce tax-related barriers to resident investments. This initiative is reportedly part of the EU's efforts to encourage savers to redirect a portion of the approximately €11 trillion ($12.8 trillion) currently held in bank deposits toward investments, aiming to stimulate economic growth in Europe and increase household wealth.