Revenue Note for Guidance

The content shown on this page is a Note for Guidance produced by the Irish Revenue Commissioners. To view the section of legislation to which the Note for Guidance applies, click the link below:

Revenue Note for Guidance

500 Prevention of misuse

This section is a general anti-avoidance provision which provides that relief is only available for shares which are subscribed and issued for bona fide commercial purposes and not for reasons of tax avoidance.

Relevant Date: Finance Act 2019