Revenue to share information on properties and rents with overseas tax authorities

Revenue to share information on properties and rents with overseas tax authorities

The Irish Government has formally announced its intention to join a 25-country agreement to automatically share information about property ownership and income between tax authorities.

Revenue eyeing up foreign holiday homes in crackdown on tax dodgers

Ireland has joined a host of other countries in a crackdown on tax dodgers who receive income from renting out properties abroad. A new agreement with 24 OECD countries will see Ireland share and exchange information on property ownership as part of a worldwide effort against tax evasion. Hundreds of thousands of foreign properties and holiday homes are believed to be owned by Irish residents, who must pay tax here on any rental income from thos…