EYEY

Ireland launches consultation on new taxation measures to apply to certain outbound payments — comment period closes on 8 August

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Ireland

  • On 7 July 2023, the Irish Department of Finance (the Department) released a Feedback Statement (FBS) outlining possible draft legislative approaches to certain outbound payments.
  • It is intended that new legislative provisions will apply to certain payments of interest or royalties or the making of a distribution on or after 1 January 2024.
  • The discussion draft legislation would apply withholding tax…

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