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Irish Government publishes consultation on tax treatment of interest

01 October 2024

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Tax Alerts, National/Federal Taxation, B...

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Ireland

Ireland's Department of Finance has launched a consultation on the taxation and deductibility of interest by businesses in Ireland.The consultation is wide ranging and includes 26 questions related to the tax treatment of interest in Ireland based on current legislation. It also requests detailed observations around the design of a reformed interest deductibility regime.The consultation period closes on Thursday, 30 January 2025.  Executive summaryOn 27 September 2024, Ireland's Department of Finance launched a consultation on the taxation and deductibility of interest by businesses in Ireland.The consultation represents the first step in a wider review of Ireland's interest regime and, as...