Tánaiste, Minister for Finance Simon Harris publishes feedback statement for Phase One of Reform of Ireland’s Taxation Regime for Interest
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From: Department of Finance
- Published on: 21 November 2025
- Last updated on: 21 November 2025
Tánaiste and Minister for Finance Simon Harris T,D., has today (21 November) published a Feedback Statement for Phase One of reform of Ireland’s taxation regime for interest.
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.
Ends.