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Ireland

Ireland weighs elective exemptions for foreign dividends and branch profits; Big Four back a shift towards a territorial corporate tax regime

Published on: 08 February 2024

Published by a Law360 reporter
Legal News
Article summary

PwC, in its feedback to a consultation run by the Irish Department of Finance, said that in the absence of an exemption regime for foreign dividends and income, Ireland has stood out as an outlier against other European nations. Alongside backing the mooted exemptions, PwC noted that Ireland could further refine its tax code by altering interest deduction rules and possibly revisiting the 25% tax rate on nontrading income. Deloitte said in its response to the consultation...

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