Irish Revenue has issued eBrief No. 213/25 on an updated Tax and Duty Manual (TDM) Part 33-02-01, which provides guidance on the treatment of options to acquire shares in lieu of distributions, referred to as scrip dividends, for both income tax and corporation tax purposes.
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Revenue eBrief No. 213/25 Option to acquire shares in lieu of distributions (scrip dividends)
Tax and Duty Manual (TDM) Part 33-02-01 sets out the tax treatment under section 816 TCA 1997 of shares issued in pl…