On 5 August 2022, the Irish Revenue Commissioners (Irish Revenue) published guidance confirming that certain Digital Services Taxes (DSTs) incurred wholly and exclusively for the purposes of a trade are deductible in computing income of that trade for Irish corporation tax purposes.
The guidance applies to:
- France’s Digital Services Tax
- Italy’s Digital Services Tax
- Turkey’s Digital Services Tax
- United Kingdom’s Digital Services Tax
- India’s Equalization Levy
Source EY
