Ireland's Department of Finance published the responses to the feedback statement on the introduction of a participation exemption for foreign-sourced dividends. The feedback statement includes a strawman proposal that sets out a hypothetical example of how a participation exemption for foreign dividends might work in Ireland, covering the scope of relief, dividends/distributions in scope, anti-avoidance, and administration. The main points of the strawman proposal are as follows: Scope of Relief Relief will be provided in the form of an exemption from corporation tax. Where qualifying criteria are satisfied, 100% of the dividend will be in scope. Entities in scope –...