sandyh2001in
Registered User
- Messages
- 38
Hi
I propose to pay Directors fee to an overseas director of my Irish limited company. I wrote an email to Revenue asking if a PAYE exclusion order may be issued.
They replied to the email that it can be issued and there would be no PAYE/USC chargeable.
On actually applying for the exclusion order they came back and told my accountant over the phone that Director's fee may be taxed in Ireland as per double taxation agreement between IE and overseas country.
Why is there so much conflict between what Revenue advice over the phone and email?
Whats the correct position on this?
Is PRSI and USC applicable to a foreign based Director with no ties to Ireland (and ZERO claims to Irish social security system)?
I propose to pay Directors fee to an overseas director of my Irish limited company. I wrote an email to Revenue asking if a PAYE exclusion order may be issued.
They replied to the email that it can be issued and there would be no PAYE/USC chargeable.
On actually applying for the exclusion order they came back and told my accountant over the phone that Director's fee may be taxed in Ireland as per double taxation agreement between IE and overseas country.
Why is there so much conflict between what Revenue advice over the phone and email?
Whats the correct position on this?
Is PRSI and USC applicable to a foreign based Director with no ties to Ireland (and ZERO claims to Irish social security system)?