Irish Revenue has published eBrief 40/2017 on guidance updates to clarify the operation of the offshore funds regime
---
Offshore funds regime
Since 1990, interests in offshore companies, offshore unit trusts and offshore co-ownerships (known as "offshore funds") have been subject to a specific tax regime. The tax treatment on income from these offshore funds, or gains on the disposal of an interest in these offshore funds, depends on a number of factors.
Revenue have updated two Tax and…