I seem to remember reading on the literature published ion DIRT that non residents with money on deposit in Ireland are DIRT exempt, can anyone verify this?
Never mind, just found it:
http://www.revenue.ie/en/tax/dirt/index.html
Deposit Interest Retention Tax
Deposit interest retention tax (D.I.R.T.), at the rate of 25% (from the 8th April 2009) is deducted at source by deposit takers (e.g. banks, building societies, Credit Unions, Post Office Savings Bank, etc.) from interest paid or credited on deposits of Irish residents.
The above D.I.R.T. rate was
The above D.I.R.T. rate was
DIRT Refunds
If an individual is aged 65 or over or they are permanently incapacitated, they may be entitled to a refund of DIRT. For more information see DIRT Repayments. For forms applicable to DIRT Exempt Accounts, please see Forms
Tax & Duty Manuals - Section 16 FOI Act
Never mind, just found it:
http://www.revenue.ie/en/tax/dirt/index.html
Deposit Interest Retention Tax
Deposit interest retention tax (D.I.R.T.), at the rate of 25% (from the 8th April 2009) is deducted at source by deposit takers (e.g. banks, building societies, Credit Unions, Post Office Savings Bank, etc.) from interest paid or credited on deposits of Irish residents.
The above D.I.R.T. rate was
- 23% for the period 1st January 2009 to 7th April 2009 and
- 20% for the period 1st January 2002 to the 31st December 2008.
- Interest on deposits beneficially owned by non-residents,
- Deposits of Companies within the charge to Corporation Tax,
- Deposits of Revenue approved Pension Schemes, and
- Deposits of persons who are entitled to charitable exemption from tax.
The above D.I.R.T. rate was
- 26% for the period 1st January 2009 to 7th April 2009 and
- 23% for the period 1st January 2002 to the 31st December 2008.
DIRT Refunds
If an individual is aged 65 or over or they are permanently incapacitated, they may be entitled to a refund of DIRT. For more information see DIRT Repayments. For forms applicable to DIRT Exempt Accounts, please see Forms
Tax & Duty Manuals - Section 16 FOI Act