Irish Revenue Updates CFC Guidance Regarding Defensive Measures for Non-Cooperative Jurisdictions

Irish Revenue has issued eBrief No. 099/24 concerning updates to the Tax and Duty Manual on Controlled Foreign Company (CFC) Rules (Part 35b-01-01) to reflect amendments introduced by Finance (No. 2) Act 2023. In particular, updates have been made to Chapter 11 on the defensive measures targeted at jurisdictions listed by the EU as non-cooperative. The defensive measures disapply the effective…
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