Ireland’s Department of Revenue and Finance launched a consultation Friday seeking input by Jan. 30 on proposed modernization of its withholding tax regime.
The initiative involves changes to the professional services withholding tax and the relevant contracts tax, expansion of withholding tax to the platform economy, and introduction of personalized deduction rates to a new modernized and expanded withholding tax regime for self-employed workers.
The relevant contracts tax changes would affect contractors and subcontractors in the construction, forestry, and meat processing sectors, the department said.