Commissioner for Revenue publishes new guidelines on the ATAD Implementation Regulations

On 31 August 2020, the Commissioner for Revenue published a set of guidelines in relation to the Anti-Tax Avoidance Implementation Regulations.

The guidelines on the ATAD Implementation Regulations were issued in line with the provisions of article 96(2) of the Income Tax Act and provide taxpayers with guidance on the application of the interest limitation rule, exit taxation and the controlled foreign company rule.