Ireland Tax Agency Issues Guidance on Leasing Ringfences

The Irish Revenue Commissioners Dec. 10 issued Revenue eBrief No. 307/24, providing updated guidance on the leasing ringfences in sections 403 and 404 of the Taxes Consolidation Act 1997, in relation to leased machinery and plants. Topics covered include: 1) definitions; 2) clarification of the computation for restricted amounts of excess capital allowances used by a leasing company or group; and 3) examples. [Ireland, Revenue Commissioners, 12/10/24]

Reference:
View Announcement. View Revenue eBrief No. 307/24. View Index.