Irish Revenue has issued eBrief No. 137/20 on a new Tax and Duty Manual Part 35C-00-01, which has been created to provide guidance on the operation of the anti-hybrid rules contained in Part 35C of the Taxes Consolidation Act 1997, as introduced by the Finance Act 2019. The Tax and Duty Manual sets out information in relation to:
- What is meant by a mismatch outcome, being a double deduction mismatch outcome or a deduction without inclusion mismatch outcome, and the specific situations that…