Revenue eBrief No. 115/18

28 May 2018

Investment undertakings

The general guidance on the taxation of investment undertakings, which is set out in Tax and Duty Manual Part 27-01A-02, has been updated to reflect:

  • changes to the taxation of Investment Limited Partnerships made in Finance Act 2013
  • the inclusion of Irish Collective Asset-management Vehicles (ICAVs) within the gross roll-up regime by the ICAV Act 2015
  • the ability of the National Treasury Management Agency (NTMA) to make certain declarations under the NTMA (Amendment) Act 2014
  • that declarations can be accepted in scanned format provided they are consistent with other AML/KYC (anti-money laundering/know your customer) documents.