07/04/21

IRELAND: Minister Donohoe launches public consultation on jurisdiction’s Tax Treaty Policy.

As published on gov.ie, Wednesday 7 April, 2021.

The Minister for Finance, Paschal Donohoe TD, today (Wednesday) launched a public consultation on Ireland’s Tax Treaty Policy.

The recently published update on Ireland’s Corporation Tax Roadmap 2021 committed to review Ireland’s tax treaty policy, taking account of international developments, and publish a tax treaty policy statement by the end of 2021.

In that regard the Department of Finance is inviting interested parties to take this opportunity to contribute to this consultation with a view to informing Ireland’s future tax treaty policy. Specifically in relation to how such a policy can continue to support economic growth and prosperity and having regard to Ireland’s development commitments.

The purpose of tax treaties has evolved in recent decades and it is now timely to consider the broad direction of Ireland’s tax treaty policy, particularly in the context of potential outcomes of international tax discussions at the OECD.

The public and interested stakeholders are now invited to give their views on the issues detailed in the public consultation document. Responses received on the policy issues detailed in this public consultation will form part of the consideration the tax treaty policy statement, which will set out the broad parameters of Ireland’s treaty policy.

The consultation period will run from today 7 April 2021, to 12pm on 7 May 2021. Any submissions received after this date may not be considered.

The preferred means of response is by email to: taxtreatypolicy@finance.gov.ie