Revenue eBrief No. 166/18

03 September 2018

Interest payments to Hong Kong

Tax and Duty Manual Part 08-03-06 has been updated to confirm that, in certain circumstances, interest paid to Hong Kong should be exempted:

  • under section 246(3)(h)(I) TCA 1997, from Withholding Tax
  • under section 198(1)(c)(ii)(I) TCA 1997, from the charge to Income Tax.