Treaty Update: Saudi Arabia - Ireland

2/5/2012

Saudi Arabia's Shura Council on April 30, 2012, approved the DTA signed between Saudi Arabia and Ireland on April 9, 2012.

Treaty Update: Germany - Ireland

23/4/2012

According to the Irish Revenue Commissioners, Germany and Ireland signed a DTA that would replace their existing DTA on March 30, 2012.

Treaty Update: Egypt - Ireland

18/4/2012

Egypt and India signed a DTA on April 9, 2012.

Treaty Update: Ireland - Egypt

17/4/2012

According to the Irish Revenue Commissioners, Ireland and Egypt signed a DTA on April 9, 2012.

Treaty Update: South Africa - Ireland

27/3/2012

On March 22, 2012, the South African government published the Protocol to the DTA between South Africa and Ireland in the nation's Official Gazette as part of the its ratification procedures.

Treaty Update: Ireland - South Africa

7/3/2012

According to information posted on the Irish Revenue Commission website, the DTA Protocol signed between Ireland and South Africa entered into force on February 10, 2012. The Protocol's provisions in relation to dividends and information exchange will be effective from April 1, 2012.

Treaty Update: Bosnia and Herzegovina - Ireland

7/3/2012

According to preliminary media reports, On February 29, 2012, Bosnia and Herzegovina's government ratified the pending DTA signed with Ireland.

Treaty Update: Morocco - Ireland

5/3/2012

According to preliminary media reports, Morocco's parliament on February 18, 2012, ratified the pending DTA signed with Ireland.

Treaty Update: Ireland - Samoa

5/3/2012

According to the Irish tax authority, the TIEA between Ireland and Samoa became effective on February 21, 2012.

Treaty Update: Ireland - Grenada

16/2/2012

The TIEA between Ireland and Grenada entered into force on January 27, 2012, following the completion of Ireland's ratification procedures.

Treaty Update: Armenia - Ireland

15/2/2012

According to preliminary media reports, Armenia ratified the pending DTA between the nation and Ireland on February 9, 2012. The agreement was ratified by Ireland on January 24, 2012.

Treaty Update: Ireland - Panama

14/2/2012

Ireland's Attorney General on February 9, 2012, published the text of the DTA signed between Ireland and Panama on January 24, 2012.

Treaty Update: Ireland - Switzerland

30/1/2012

According to the Swiss federal government, Ireland and Switzerland signed a Protocol amending their existing DTA on January 26, 2012.

Treaty Update: Ireland - Montenegro

5/1/2012

According to the Revenue Commissioners, Ireland's DTA with Montenegro entered into force on December 1, 2011, and became effective on January 1, 2012.

Treaty Update: Ireland - Various

3/1/2012

Ireland's pending DTAs with Montenegro and with Albania will be effective from January 1, 2012.

Treaty Update: Ireland - Qatar

21/12/2011

According to preliminary media reports, Ireland and Qatar initialled a DTA on December 16, 2011.

Treaty Update: Ireland - Albania

2/11/2011

According to the Irish tax authority, the DTA signed between Albania and Ireland on October 16, 2009, will enter into force on January 1, 2012.

Treaty Update: Ireland - Saudi Arabia

21/10/2011

A DTA between Ireland and Saudi Arabia was signed on October 19, 2011, in Riyadh.

Treaty Update: Netherlands - Ireland

4/10/2011

The Netherlands and Ireland are expected to commence negotiations in December 2011 to revise the existing DTA between the two countries, according to a September 29 statement from the Dutch Ministry of Finance.

Treaty Update: Ireland - Armenia

19/7/2011

Ireland and Armenia signed a DTA on July 14, 2011, the Irish Department of Foreign Affairs has announced.

Treaty Update: Ireland - Vanuatu

24/6/2011

According to the OECD, Ireland and Vanuatu signed a TIEA on May 31, 2011.

Treaty Update: Ireland - Germany

3/6/2011

The Protocol amends the dividend withholding tax section, on the rules of voting shares.

Treaty Update: Ireland - Singapore

26/5/2011

In Ireland, it covers income tax, income levy, corporation tax, and capital gains tax. In Singapore, it covers income tax. A zero rate of dividend withholding tax applies. Interest withholding tax is charged at 5%. However, the governments of each state and certain government institutions and banks are exempt. Royalty withholding tax is limited to 5%.

Treaty Update: Ireland - Germany

26/5/2011

The DTA is to replace the existing agreement. In Ireland, the DTA applies to income tax, the income levy, corporate tax, and capital gains tax. In Germany, the DTA applies to income tax, corporate tax, trade tax, capital tax. It provides for the exchange of information, the elimination of double taxation, provides permanent establishment rules, rules on immovable property, and business profits. Dividend withholding tax is charged at 5% where the beneficial owner is a company (other than a partnership or a German Real Estate Investment Trust Company) holding directly at least 10% of the capital of the paying company, and at 15% in all other cases.

Treaty Update: Ireland - South Africa

26/5/2011

The Protocol was signed on March 17, 2010. The Protocol adds a clause providing for the treaty to extend to the intoduction of any identical or substantially similar taxes imposed following the treaty's signature, including taxes on dividends. The Protocol also amends the definition of resident. Dividend withholding tax is altered, so that: 5% is charged where the beneficial owner is a company holding directly at least 10% of the capital of the paying company, and at 10% in all other cases. The Protocol also provides for the exchange of information to international standards.

Treaty Update: Ireland - Austria

26/5/2011

The Protocol was signed on December 16, 2009. The Protocol amends the 1966 DTA, which has also been subject to a 1987 Protocol. The Protocol provides for the exchange of information to international standards.

Treaty Update: Ireland - Malaysia

26/5/2011

The Protocol was signed on December 16, 2009. The Protocol amends the 1998 DTA, and provides for the exchange of information to international standards.

Treaty Update: Ireland - Albania

26/5/2011

The DTA was signed on September 16, 2009. In Ireland, the DTA applies to income tax, corporation tax and capital gains tax. In Albania, the DTA applies to income tax, tax on small business activities, and the capital gains tax. It sets out permanent establishment rules, rules relating to immovable property, and business profits rules, and provides for the elimination of double taxation and for the exchange of information. Dividend withholding tax is charged: at 5% where the beneficial owner is a compnay (other than a partnership) holding at least 25% of the capital of the paying company; and at 10% in all other cases. Dividends are exempt when arising in a contracting state and paid to the government of other state. Interest withholding tax is charged at 7%, except in the case of certain government institutions, including the Central Banks of both states, and Ireland's National Treasury Management Agency and National Pension Reserve Fund. Royalties withholding tax is limited to 7%.

Treaty Update: Ireland - Kuwait

26/5/2011

The DTA was signed on November 23, 2010. In Kuwait, the DTA applies to corporate income tax, the contribution from the net profits of the Kuwaiti shareholding companies payable to the Kuwait Foundation for Advancement of Science, the Zakat, and the tax subjected according to the supporting of national employee law. In Ireland the DTA applies to income tax, income levy, corporation tax and capital gains tax. It provides permanent establishment rules, business profits rules, and income from immovable property rules, and for the elimination of double taxation and the exchange of information.. Dividends and interest are exempt from withholding tax. Royalties are charged at a maximum of 5%.

Treaty Update: Ireland - Montenegro

26/5/2011

The DTA was signed on October 7, 2010. In Montenegro, the DTA applies to corporate profit tax, and personal income tax. In Ireland, the DTA applies to income tax, income levy, corporate tax and capital gains tax. It provides permanent establishment rules, business profits rules, and income from immovable property rules, and for the elimination of double taxation and for the exchange of information. Dividend withholding tax is charged at: 5% if the beneficial owner is a company holding at least 10% of the capital of the paying company, and 10% in all other cases. Interest withholding tax is charged at a maximum 10%. Royalty withholding tax is charged at 5% on the copyright of literary, artistic or scientific work, and at 10% on patent, trade mark, design, model, plan, etc, or for information concerning industrial, commercial or scientific experience.

Treaty Update: Ireland - Morocco

26/5/2011

The DTA was signed on June 22, 2010. In Ireland, the DTA applies to income tax, the income levy, corporation tax and capital gains tax. In Morocco, the DTA applies to income tax and corporation tax. The DTA provides for the exchange of information, the elimination of double taxation, provides permanent establishment rules, rules on immovable property, and business profits. Dividend withholding tax is charged at: 6% where the beneficial owner is a company owning directly at least 25% of the capital of the paying company, and at 10% in all other cases. Interest withholding tax is charged at 10%, except in the case of certain government institutions, including the governments of each state, the central banks of both states, the National Treasury Management Agency in Ireland, the Irish National Pension Reserve Fund, and any financial institution wholly owned by the governments of each state. In Morocco, it extends to the Deposit and Management Fund, and the Moroccan Pension Fund. Royalties are taxed at 10%.

Treaty Update: Ireland - United Arab Emirates

26/5/2011

The DTA was signed on July 1, 2010. In Ireland, the DTA applies to income tax, income levy, corporation tax and capital gains tax, and, in the UAE, it applies to income tax and corporate tax. The DTA provides for the exchange of information, the elimination of double taxation, provides permanent establishment rules, rules on immovable property, and business profits.Dividends, interest and royalties are exempted from withholding tax.

Treaty Update: Hong Kong - Ireland

25/5/2011

The DTA imposes a zero rate of withholding tax on Hong Kong residents receiving dividends from Ireland. The withholding tax rate on royalties is capped at 3%. The rate on interest is capped at 10%. The DTA will have effect in Hong Kong for any year of assessment beginning on or after April 1, 2012.