Irish revenue has issued eBrief No. 166/18 on an update to Tax and Duty Manual Part 08-03-06, which confirms that, in certain circumstances, interest paid to Hong Kong should be exempted from tax. The update concerns a restriction on exemptions for interest paid to territories that provide for a territorial system of taxation as follows:
Territorial systems – Hong Kong
Where the relevant territory provides for a territorial system of taxation, the law of the relevant territory may charge …