Ireland Tax Agency Updates Guidance on Exchange of Information

The Irish Revenue Commissioners Feb. 19 issued Revenue eBrief No. 047/25, updating guidance on the exchange of information (EOI) under various international tax agreements. The guidance includes: 1) the role of the International Tax Division in Ireland, including procedures for information requests and an overview of automatic exchange of financial account information (AEOI) agreements; 2) the importance of EOI agreements in preventing tax evasion, the legal basis for EOI under international agreements, the jurisdictions involved, and the types of taxes covered; 3) the bilateral exchange of financial account information under the Foreign Account Tax Compliance Act (FATCA), the common reporting ...