Revenue has updated two of its Tax and Duty Manuals to give guidance on the tax treatment of income and gains from offshore funds.

Part 27-02-01 provides guidance to taxpayers in order to determine whether or not an offshore investment falls within the offshore fund regime. Part 27-04-01 covers offshore funds within the EU, EEA or OECD member states with which Ireland has a double tax treaty.

Revenue e-Brief no. 40/17 on here provides further details.