Irish Revenue has issued eBrief No. 030/25, announcing updates to Tax and Duty Manual Part 08-02-01 - Charges on income for Corporation Tax purposes, including a new section 4.6 concerning the dissolution of companies.
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4.6 Dissolution of a company
Companies need to consider how the dissolution of a company as part of a merger or division may impact on a claim for interest relief under section 247 TCA and, whether that event will trigger a recovery of capital under section 247 or sec…