Ireland’s government on November 14 launched a public consultation on proposed changes to tax laws addressing hybrid mismatches and interest deduction limitations.
All EU states must implement the provisions in accordance with EU anti-tax avoidance directives known as ATAD and ATAD2, which were agreed to by EU states on July 12, 2016 and May 29, 2017.
“Ireland remains committed to tax reform implemented at the international level to address mismatches between jurisdictions and to continue the implementation of new robust global standards that are sustainable in the long run,” said Irish Minister for Finance and Public Expenditure and Reform, Paschal Donohoe.
Donohoe said the public consultation fulfills a plan previously outlined in Ireland’s Corporation Tax Roadmap.
The consultation period will run until January 18, 2019.
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