Ireland:
Proposed Amendments To Ireland's Section 110 Regime: Irish Real Estate Related Assets
09 September 2016
Walkers
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Ireland's Minister for Finance yesterday published proposed
amendments to Ireland's Section 110 securitisation regime with
respect to Irish real estate transactions. Section 110 companies
that have no exposure to Irish real estate assets are unaffected by
the proposed amendments.
The proposed amendments are subject to change and are expected
to be included in the Finance Bill which will be published after
Budget 2017 is announced next month. As currently drafted, the
proposed amendments are to apply to Irish real estate related
profits arising to a Section 110 company after 6 September
2016.
We set out in the attached advisory a summary of the measures
proposed.
Click to view memo
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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