Ireland wants to circumscribe its incoming corporate tax break for dividend income to tax treaty countries in the latest “strawman” version of the proposal with scope and administration details.The participation exemption’s first feedback statement with scope and administration options—released Friday by the Finance Ministry—aims to exempt certain qualifying foreign dividends from corporation tax. Ireland suggested entities opt in for the relief for a minimum of three years and that only dividends coming from companies in the EU and jurisdictions with a double tax treaty with Ireland should qualify.The ministry said the suggested approach protects against double non-taxation …
