Saturday January 18, 2020

Get ready for the change in interest tax relief rules

The European Union are saying we are infringing EU laws and a new restriction is likely in the next Finance Bill, which will increase the cost of financing

8th December, 2019
The EU Commission building in Brussels. Picture: Getty

Since my last column, the EU Commission declared that it had decided to send reasoned opinions to us (and Austria) “asking” for the transposition into our law of the interest limitation rule required by the EU's Anti-Tax Avoidance Directive (ATAD). This was done as part of its “monthly package of infringement decisions”. To be clear: they’re not “asking”.

This means that tax law will soon restrict the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

‘The main challenge is that our current way of delivering healthcare services is absolutely unaffordable and unsustainable into the future’ says David Toohey, CEO of Syncrophi Systems Ltd.

Post Reporter | 3 days ago

‘Transforming the energy sector to zero-carbon by 2050 is challenging‘ says Marie Donnelly, Chair of Renewable Energy ireland

Post Reporter | 4 days ago