Revenue E-Brief Issue 40/17, 29 April 2017
Since 1990, interests in offshore companies, offshore unit trusts and offshore co-ownerships (known as "offshore funds") have been subject to a specific tax regime. The tax treatment on income from these offshore funds, or gains on the disposal of an interest in these offshore funds, depends on a number of factors.
Revenue have updated two Tax and Duty Manuals to provide greater clarity on the operation of the offshore funds regime.
29 April 2017