Ireland’s parliament has passed a bill simplifying transfer pricing for marketing and distribution and amending global minimum tax rules on 6 November 2024.
This legislation was enacted as part of the Finance Bill 2024, which was approved by both houses of parliament and published on 10 October 2024.
The bill is now awaiting the president’s signature.
Earlier, Ireland’s Finance Minister, Jack Chambers, presented the Finance Bill 2024 after government approval. The bill implements various tax measures in the 2025 budget and includes various administrative and technical tax amendments.
