An individual who is resident or ordinarily resident, but not domiciled in the State, is taxable on the remittance basis of tax in respect of foreign income and gains. Such individuals pay tax on:
(1) Income and gains arising in Ireland,
(2) Foreign income which they “remit” or bring into the State, and
(3) Foreign gains which they remit into the State where the gain accrues from the disposal of assets situated outside the State.
It should be noted that the benefit of the remittance basis only arises where such an individual has foreign income or gains for the year. An individual who is taxable on the remittance basis in respect of foreign income or gains is required, under self-assessment provisions, to report the amount of the foreign income or gains which are remitted to the State in a tax return for the year in which the remittance occurs.
As outlined in my answer on 9 April 2024 to a similar query posed by the Deputy (Ref No: 13710/24 ), I am informed by the Revenue Commissioners that an individual who is not domiciled in the State must state so when completing an Irish tax return, however, such individuals are not required to report whether they have availed of the remittance basis of foreign income and gains when completing a return. On this basis, it is not possible to confirm the number of non-domiciled individuals who availed on the remittance basis for these years, nor is it possible to confirm the number of individuals who have availed of the remittance basis for more than three years, as appropriate statistics are not available.
