Corporation Tax – Interest and Distribution Update (Jan 23)
Category: Tax | Duration: 1hr | Tag: VODIRE2301 | Type: Video | Speaker: Paul Murphy | Date: 10/01/2023 09:00
Course Details
This session provides a refresher on the tax treatment of interest for corporation tax and when interest can become a distribution. Given the various sources of borrowing now available to companies it is important that accountants are aware of the tax implications of how any interest charged is treated.
During the session Paul Murphy cover the following topics:
- Tax treatment of trade and rental interest
- Tax treatment of interest as a charge
- When interest becomes a distribution
- Withholding tax obligations
- Anti-avoidance rules for interest
CPD Course Speaker
Martin J. Kelly & Co
Paul Murphy
Paul Murphy is a taxation consultant and management accountant for Martin J. Kelly & Co. He is a corporation tax lecturer for the Irish Taxation Institute and is an Associate of both the Irish Taxation Institute and the Association of Chartered Certified Accountants.
Paul is a co-author of the Irish Taxation Institute’s annual publication, Irish Taxation Law and Practice
Paul is a co-author of the Irish Taxation Institute’s annual publication, Irish Taxation Law and Practice