Revenue eBrief No.169/21 – Section 110 companies

Revenue eBrief No. 169/21

06 September 2021

Section 110 companies

Tax and Duty Manual Part 04-09-01, which provides guidance on the tax treatment of qualifying companies under section 110, has been updated to provide:

  • Clarifications in relation to Transfer Pricing rules
  • Updates to reflect FA19 amendments in relation to the meaning of control,      significant influence and the main purpose test
  • Clarification with regard to disregarded entities and subject to tax condition.

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