Exit tax guidance

Jul 15, 2019

Section 32 of Finance Act 2018 introduced anti-avoidance provisions whereby an exit tax can apply on certain asset transfers by Irish resident companies on or after 10 October 2018.  This is in line with Article 5 of the Anti-Tax Avoidance Directive. Revenue has tidied up its guidance in this area to reflect the new exit tax.  Read Revenue’s eBrief.