Revenue has published updated guidance relating to offshore funds and investment undertakings to reflect the reduced 38 percent tax rate for individuals introduced by Finance Act 2025 and effective from 1 January 2026.
The rate reduced from 41 percent to 38 percent and applies in respect of income and gains from Irish domiciled investment funds and equivalent offshore investment funds in other EU Member States, EEA States and OECD countries with which Ireland has a double taxation agreement.
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