Ireland updates stamp duty rates on residential property

24 October, 2024

Irish Revenue issued eBrief No. 261/24 on Revised Rates of Stamp Duty on Residential Property on 21 October 2024, the rates were revised as part of Budget 2025. Starting 2 October, the standard rates of Stamp Duty in respect of residential

See More

Ireland updates guidance on exchange of information requirements in respect of tax rulings

23 October, 2024

Irish Revenue released eBrief No. 260/24 regarding updated guidance on Revenue Arrangements for Implementing EU and OECD Exchange of Information Requirements in Respect of Tax Rulings Part 35-00-01 on 21 October 2024. Section 1.1: Updated to

See More

Ireland updates Tax and Duty Manual concerning Relief for Investments in Corporate Trades

22 October, 2024

Irish Revenue has issued eBrief No. 258/24 on 18 October 2024, updating the Tax and Duty Manual Part 16-00-02 concerning Relief for Investments in Corporate Trades. The manual has been updated to reflect changes to the Employment Investment

See More

Ireland publishes Finance Bill 2024: Implements taxation changes announced on Budget Day

15 October, 2024

Ireland's Minister for Finance, Jack Chambers TD, has published the Finance Bill 2024 and Explanatory Memorandum  following the Government's approval earlier in the week. The Bill enacts key measures from Budget 2025, alongside a series of

See More

Ireland publishes updated Tax and Duty Manual, bank levy remains unchanged

10 October, 2024

Irish Revenue has released an updated Tax and Duty Manual concerning an additional levy on specific financial institutions on 7 October 2024, clarifying that the rate of bank levy to be applied for the year 2024 will remain at 0.112% as legislated

See More

Ireland enacts double taxation relief order, ratifying protocol with Jersey

08 October, 2024

Ireland has officially enacted the Double Taxation Relief (Taxes on Income) (Jersey) Order 2024, paving the way for the ratification of a protocol to its 2009 tax treaty with Jersey. This protocol, signed on 23 November 2023, represents the first

See More

Ireland ratifies income tax treaty with Oman

08 October, 2024

Ireland has officially released the Double Taxation Relief (Taxes on Income) (Sultanate of Oman) Order 2024, paving the way for the ratification of an income tax treaty with Oman. Previously covered, Officials from Ireland and Oman signed an

See More

Ireland: DPC fines Meta EUR 91 million

03 October, 2024

The Data Protection Commission (DPC) of Ireland announced its final decision following an inquiry into Meta Platforms Ireland Limited (MPIL) on 27 September 2024. This inquiry was launched in April 2019, after MPIL notified the DPC that it had

See More

Ireland named amongst top 10 tax havens globally

02 October, 2024

According to the Tax Justice Network's latest ranking report published on 1 October 2024, Ireland has surpassed the Bahamas to become the ninth-largest tax haven in the world. A spokesperson for Ireland's Department of Finance has denied that the

See More

Ireland announces 2025 budget, EUR 10.5 billion in tax cuts

02 October, 2024

Ireland's Department of Finance published the Budget 2025 on yesterday, 1 October 2024. The Irish government's latest budget mentions EUR 10.5 billion in tax cuts and spending increases. Additionally, the budget outlines how the government plans

See More

Ireland consults tax treatment of interest

01 October, 2024

Ireland's Department of Finance has announced the initiation of a public consultation regarding the tax treatment of interest on Friday, 27 September 2024. Irish tax legislation includes a number of provisions allowing for the deductibility of an

See More

Ireland publishes responses on second feedback statement for introduction of participation exemption for foreign dividends

01 October, 2024

The Irish Government published the responses collected from the second feedback statement regarding the implementation of a participation exemption regime for foreign dividends on 25 September 2024. It includes potential draft proposals for the

See More

Ireland releases pre-filing notification forms for R&D corporation tax credit

25 September, 2024

Irish Revenue has published eBrief No. 239/24, announcing the release of pre-filing notification forms for the R&D Corporation Tax Credit on 13 September 2024. The R&D Corporation Tax Credit pre-filing notification forms in respect of

See More

Ireland: Tax appeals commission allows withholding tax deduction on dividends before 2019 Finance Act amendment

17 September, 2024

The Irish Tax Appeals Commission published a determination regarding the deduction of withholding tax on received foreign dividends on 10 September 2024. The particular issue that falls to be determined was whether foreign withholding taxes,

See More

Ireland updates R&D relief guidance

30 August, 2024

Irish Revenue has updated the guidance on relief for key employees involved in R&D activities, detailed in   eBrief No. 228/24, on 27 August 2024. This relief permits employees to benefit from the R&D tax credit or any excess R&D

See More

Ireland releases second consultation feedback on participation exemption for foreign dividends

29 August, 2024

Ireland's Department of Finance has released a second feedback statement for consultation on implementing a participation exemption for foreign-sourced dividends on 27 August 2024. Minister Chambers publishes second feedback statement on

See More

Ireland updates tax manual on employer-provided vehicles

27 August, 2024

Irish Revenue updated the tax and duty manual on employer-provided vehicles detailing the tax implications when an employer provides a vehicle for an employee's private use. The notice was published in eBrief No. 219/24. The updates are as

See More

Ireland updates guidance on Pillar Two global minimum tax

13 August, 2024

Irish Revenue has released eBrief No. 213/24, which provides new guidance on administering the Pillar Two global minimum tax, along with updated information on the implementation of the Pillar Two rules, on 8 August 2024. The Tax and Duty Manual

See More