On 12 April 2016, Irish Revenue published eBrief No. 36/16 on updates to the Tax and Duty Manual concerning payment and receipt of interest without deduction of income tax. --- Revenue's Tax and Duty Manual Part 08-03-06 (PDF, 75KB), which provides guidance on when interest payments can be paid without deduction of withholding tax, as otherwise required by Section 246 TCA 1997, has been updated to: Confirm that no withholding tax need be operated on interest payments to the European Investment Bank; and Provide guidance on when Revenue will use its powers under Section 246(3)(d) TCA 1997 to issue authorisations...