39 Securities of certain European bodies

The favourable treatment of interest outlined in section 36 (that is, that interest on certain securities may be issued without deduction of tax at source) applies to any interest on any stock or other form of security issued in the State by the European Community, the European Coal and Steel Community, the European Atomic Energy Community or the European Investment Bank. Such interest, however, is chargeable under Case III of Schedule D. (The Case III of Schedule D charge is removed in certain cases – see sections 48 and 49.)

Relevant Date: Finance Act 2021