OrbitaxIrish Revenue Updates CFC Guidance to Reflect Defensive Measure Introduced by Finance Act 2020 for Non-Cooperative Jurisdictions
|Approved Changes|Ireland
Irish Revenue has issued eBrief No. 027/21 concerning updated guidance on the controlled foreign company rules.
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Revenue eBrief No. 027/21 Controlled Foreign Company Rules - Finance Act 2020 amendments
Tax and Duty Manual Part 35b-01-01 has been updated to reflect amendments to Controlled Foreign Company (CFC) rules that were introduced by Finance Act 2020.
A new section 835YA in Part…
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