Ireland updates guidance on exchange of information

12 August, 2024

Irish Revenue has released eBrief No. 210/24, on 6 August 2024, which provides updated guidance on information exchange. The Guide to Exchange of Information under Council Directive 2011/16/EU, Ireland’s Double Taxation Agreements and Tax

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Ireland: Revenue issues eBrief on updated interest charges for late tax payments

31 July, 2024

Irish Revenue has released eBrief No. 198/24, detailing updated guidelines for charging interest on late payments of income tax, corporation tax, capital gains tax, VAT, and other taxes on 15 July 2024. Revenue supports voluntary compliance by

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Ireland updates R&D tax credit guidance

16 July, 2024

The Irish Revenue issued eBrief No. 190/24, on 12 July 2024, announcing updates to Tax and Duty Manual Part 29-02-03 – Research and Development (R&D) Corporation Tax Credit to incorporate the amendments to the R&D credit introduced by

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Ireland updates guidelines on payment and receipt of interest, royalties without income tax deduction

05 July, 2024

Irish Revenue has released eBrief, updating Tax and Duty Manual 08-03-06 regarding the payment and receipt of interest and royalties without income tax deduction. The update clarifies the application of reduced withholding tax under double taxation

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Ireland, Jersey reveal amendments to tax treaty protocols

28 June, 2024

Ireland and Jersey amended their tax treaty agreement on 23 November, 2023. The details of the amendments have recently been revealed. The protocol updates the preamble to include not only the intention to eliminate double taxation but also to

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Oman, Ireland sign tax treaty

31 May, 2024

Officials from Ireland and Oman signed an income tax treaty on 30 May, 2024, marking the first agreement of its kind between the two nations. The agreement was signed by Nasser Khamis Al Jashmi, Chairman of the Tax Authority, and Gerard

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Ireland updates guidance on relief from stamp duty and property transfers for associated companies

30 May, 2024

The Irish Revenue has released eBrief No. 142/24 on 21 May, 2024, which provides an updated guidance on the associated companies relief for stamp duty on conveyances and transfers of property between associated corporate bodies. Revenue eBrief

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Ireland releases new guidelines on employment status for tax purposes

29 May, 2024

The Irish Revenue has released eBrief No. 140/24 which provides new guidance on how to determine employment status for tax purposes on 21 May, 2024. The new Tax and Duty Manual (TDM) has been created to outline the implications for determining

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Ireland: Irish Revenue makes changes to bilateral advance pricing agreement guidelines 

30 April, 2024

On 26 April 2024, the Irish Revenue published eBrief No. 127/24 outlining the updated Tax and Duty Manual Part 35-02-07 Bilateral Advance Pricing Agreement Guidelines. The updated Guidelines take into account international best practices in relation

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Ireland: Irish Revenue updates tax manuals for outbound payments defensive measures

13 April, 2024

On 11 April 2024, the Irish Revenue issued eBrief No. 119/24 regarding to the updates on the tax and duty manuals related to the new outbound payments defensive measures. The outbound payments defensive measures are included in the Finance (No.2)

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Ireland: Irish Revenue publishes guidance on outbound payment measures 

10 April, 2024

On 25 March 2024, the Irish Revenue released eBrief No. 096/24 outlining new guidance on Outbound payments defensive measures. This latest guidance has been issued as part of the Finance (No.2) Act 2023. The Finance (No.2) Act 2023 inserted Chapter

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Ireland proposes increase in R&D tax credit rate and refund amounts

08 April, 2024

The Irish Minister of Finance has unveiled two major enhancements to the research and development (R&D) tax credit in the Budget 2024. The details of these provisions are included in the Finance (No. 2) Act 2023. The two enhancements are:

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Ireland releases feedback of public consultation on bank levy 

16 February, 2024

On 15 February 2024, Ireland's Department of Finance released the responses to its public consultation on the future of the bank levy. The "Further levy on certain financial institutions," more commonly known as the "Bank Levy" (the Levy), was

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Ireland implements 0% interest on debt in warehouse scheme

07 February, 2024

On 6 February 2024, Irish Revenue declared that it would implement a 0% interest rate on warehoused debt and that the necessary legislation to implement the reduction would be introduced at the next available opportunity. Irish Revenue also

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Ireland: Irish revenue publishes guidance on VAT return of trading details

18 January, 2024

On 16 January 2024, the Irish Revenue published eBrief No. 024/24 concerning a new Tax and Duty Manual that offers guidance about the annual VAT Return of Trading Details. This guide will provide assistance to filers submitting the annual VAT Return

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Ireland issues guidance on new reporting obligations

31 December, 2023

On December 2023, the Irish Revenue released eBrief No. 273/23—a new tax and duty manual entitled Reporting Requirement for Payment Service Providers on Cross-Border Payments - EU Central Electronic System of Payment Information (CESOP). This

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Ireland publishes new guidance on requesting TP documentation

26 December, 2023

On 18 December 2023, the Irish Revenue issued eBrief No. 261/23 providing a new Tax and Duty Manual Part 35a-01-05 - Requests for Transfer Pricing (TP) Documentation. This Tax and Duty Manual documents the operational policy of the Transfer

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Ireland passes finance act (no. 2) 2023 for 2024 budget and pillar 2 global minimum tax 

24 December, 2023

On 18 December 2023, Ireland enacted the Finance Act (No. 2) 2023 (Act No. 39 of 2023), which contains provisions for the Pillar 2 global minimum tax in line with Council Directive (EU) 2022/2523 of 14 December 2022. In addition to the Pillar 2

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