Executive summary
The second Feedback Statement on the transposition of the Anti-Tax Avoidance Directive1 (ATAD) interest limitation rule (ILR) and the Feedback Statement on the ATAD II2 Anti-Reverse Hybrid Rule (ARHR) were published by Ireland’s Department of Finance on 2 July 2021. The ILR and the ARHR will be legislated for in Finance Act 2021 and will come into effect from 1 January 2022.
Key stakeholders have an opportunity to provide input and raise any issues with Irish Revenue regardi…