Ireland is considering a plan to offer corporate tax breaks for dividend income and foreign branches.
The proposed participation exemption—released Thursday by the Finance Ministry—would exempt certain qualifying foreign dividends from corporate tax. The ministry wants to include the proposal in its 2024 finance bill and is considering a similar exemption for branch income, according to the consultation.
- The technical consultation wants feedback on the design of the proposal, including which jurisdictions should be eligible.
- The public consultation ends Dec. 13, with two rounds of government feedback due next March and July. The participation exemption is expected to start ...