Dividend Withholding Tax guidance

Apr 09, 2018

Revenue Tax and Duty Manual which deals with the operation of Dividend Withholding Tax (DWT) has been updated to reflect a number of changes.

The changes to the Revenue manual are:

  • Emphasis has been placed on the fact that DWT returns must be made in electronic format in keeping with the relevant legislation (section 172K TCA 1997).
  • The list of entities included in section 172A (1) (a) TCA 1997, the payment to which is not a ‘relevant distribution’, has been revised to reflect the legislation.
  • The penalties set out in section 172I TCA 1997 in respect of failure to provide certain statements in writing have been amended to show the relevant amounts as stated in section 152(2) TCA 1997.

The manual is published on the Revenue website.