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Ireland Consulting on Feedback Statement for Defensive Measures to Prevent Double Non-Taxation on Outbound Payments to Low or No-Tax Jurisdictions

14 July 2023

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Proposed Changes

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Ireland

Ireland's Department of Finance has published a feedback statement for consultation regarding new taxation measures (defensive measures) to prevent double non-taxation on outbound payments to low or no-tax jurisdictions, as well as jurisdictions listed by the EU as non-cooperative jurisdictions for tax purposes. The measures were first consulted on in 2021. The measures would apply from 1 January 2024 in relation to outbound payments of interest, royalties, and dividends to associated entities, and include withholding taxes on, or non-deductibility of, the outbound payments. The deadline for comments is 8 August 2023. --- New Taxation Measures to apply to Outbound Payments...