ARTICLE · 18 FEBRUARY 2025

What's Another Year 2025 - Tax

Arthur Cox

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The Finance Act 2024 contains the changes to the Irish tax legislation that generally apply from 1 January 2025. The Finance Act contains a number of key business taxation measures.

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Finance Act 2024

The Finance Act 2024 contains the changes to the Irish tax legislation that generally apply from 1 January 2025. The Finance Act contains a number of key business taxation measures. In our Finance Bill 2024 Briefing we highlight the key changes, including the introduction of the participation exemption, changes to Irish Pillar Two legislation, particularly relating to its application to securitisation entities, changes to stamp duty rates on residential property and the introduction of Pillar One Amount B transfer pricing simplification.

Ireland's New Participation Exemption

After a lengthy consultation process, long-awaited legislation for the introduction of a participation exemption for non-Irish dividends and distributions came into effect on 1 January 2025.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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