Dáil Éireann Debate, Tuesday - 6 October 2015
281. Deputy Michael McGrath asked the Minister for Finance in order to qualify for the foreign earnings deduction, if the person concerned must be employed directly by a company, or will a sole trader or contractor qualify for the scheme; and if he will make a statement on the matter. [34596/15]
View answerThe Foreign Earnings Deduction, as provided for in section 823A of the Taxes Consolidation Act 1997, applies to income from an office or employment, part of the duties of which are performed in a relevant state, as defined in that section.
It is not a requirement that an employer be a company in order for the relief to apply. However, sole traders or self employed contractors may not avail of the relief as they are self employed individuals and, as such, do not hold an office or employment.
