Ireland's Department of Finance has issued a release announcing the launch of a public consultation on the tax treatment of interest in Ireland. The consultation period ends on 30 January 2025.
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1. Introduction
1.1 Background
The Department of Finance have commenced work on a review of the taxation, and deductibility, of interest by businesses in Ireland. To ensure that Ireland's tax system is resilient, supports competitiveness, protects the tax base, and aligns with our commitmen…