Revenue eBrief No. 054/21

10 March 2021

Payment and Receipt of Interest without Deduction of Income Tax

Tax and Duty Manual Part 08-03-06 - Payment and Receipt of Interest without Deduction of Income Tax - has been updated to:

  • provide for the introduction of a Self-Certification system, under which withholding tax on certain payments of interest and royalties is at the      applicable DTA rate, and
  • confirm that the Central Bank of Ireland is, for the purposes of section 246, a bank carrying on a bona fide banking business.