TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Payment of interest to EU or tax treaty countries – Revenue’s guidance

Revenue updated its guidance to confirm that advance clearance is not required to treat interest which would fall to be a distribution under section 130(2)(d)(iv) TCA 1997, as interest in cases where interest is paid to residents of tax treaty countries and EU member states. The guidance also clarifies related tax deductibility of the payments for companies and dividend withholding tax issues.