Irish Revenue has published eBrief No. 114/17 on the activation of the MFN clause with respect to interest and royalties under the 2005 income and capital tax treaty with Chile. Further to the changes noted in the eBrief below, the Tax and Duty Manual also notes an additional reduction in the 15% interest withholding tax rate to 10% from 1 January 2019 as per the Chile-Japan treaty.

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Irel…