The purpose of this Feedback Statement is to inform the design of the underlying framework of a reformed interest taxation regime and to provide an opportunity for stakeholders to give their views on proposals for such reform.
Commenting on the publication of this Feedback Statement, the Tánaiste said:
“I am pleased to announce publication today of a Feedback Statement for Phase One of Reform of Ireland’s Taxation Regime for Interest. This Feedback Statement is the next step in the review of Ireland’s taxation regime for interest, and follows the Action Plan that was published by the Government last month.
This reform is proposed in order to help Ireland retain an attractive and internationally competitive taxation environment. It aims to align Ireland’s tax system with international best practice, and to provide administrative simplification and give greater certainty to Irish businesses. Responses received will help inform changes to be included in Finance Bill 2026 and I would encourage all interested parties to engage with this opportunity to contribute to Ireland’s tax policy to ensure that it continues to encourage investment.”
A public consultation on the tax treatment of interest in Ireland ran from September 2024 to 30 January 2025. Responses highlighted the broad range of proposals to reform Ireland’s taxation regime for interest, with many stakeholders requesting that further detailed consultation would take place prior to introducing legislative reforms.
Following consideration of those responses an Action Plan for the reform of Ireland’s taxation regime for interest was published by the Department of Finance on 7 October 2025. The Action Plan sets out a phased approach, with Phase One addressing some of the primary concerns raised by stakeholders. Additional areas of potential reform will be addressed under subsequent phases.
Consultation Period
The consultation period will run for 2 months, ending on Friday, 16 January 2026. Any queries or requests for clarification can be directed to interestreview@finance.gov.ie in advance of the consultation deadline. Any submissions received after the deadline may not be considered and early engagement is encouraged.
How to Respond
The preferred means of response is by email to interestreview@finance.gov.ie. Receipt of e-mail submissions will be acknowledged within two working days. If you do not receive an acknowledgement, please contact the Department of Finance to confirm receipt of your submission.
If it is not possible to respond by email, or if you wish to make a submission both electronically and in hard copy, submissions may also be sent by post to:
Interest Review – Feedback Statement
Business and International Tax Division
Department of Finance
Government Buildings
Upper Merrion Street
Dublin 2, D02 R583
Please include contact details if you are responding by post.
Please also indicate whether you are contributing to the consultation process as a professional adviser, representative body, business representative or member of the public.
