Irish Revenue has published eBrief No. 105/17 concerning updated guidance on distributions out of certain exempt profits or gains or out of certain relieved income. --- The Revenue Tax and Duty Manuals Parts 06-04-02 (Distributions out of certain exempt profits or gains or out of certain relieved income) and 06-06-01 (Section 154 TCA 1997 - Attribution of Distributions to Accounting Periods) have been updated. Both manuals deal, among other things, with the treatment of certain types of income which is, or was, exempted income. Over time, a number of exemptions given in respect of certain income have been withdrawn. The...