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Irish Tax Appeals Commission Holds Withholding Tax on Dividends Received May be Deducted Prior to Finance Act 2019 Amendment

|Approved Changes|Ireland
Ireland

On 10 September 2024, the Irish Tax Appeals Commission issued a determination on the deduction of withholding tax on dividends received. The particular issue in the determination is whether foreign withholding taxes, incurred by the Appellant on dividend payments that it received as a consequence of its holding shares in foreign based companies, constitute expenses that are deductible under Se…

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