Payment of interest to EU or tax treaty countries– Revenue’s guidance

Mar 11, 2019

Revenue updated its guidance to confirm that advance clearance is not required to treat interest which would fall to be a distribution under section 130(2)(d)(iv) TCA 1997, as interest in cases where interest is paid to residents of tax treaty countries and EU member states.  The guidance also clarifies related tax deductibility of the payments for companies and dividend withholding tax issues.