Dáil Éireann Debate, Wednesday - 17 June 2026
56. Deputy Emer Currie asked the Tánaiste and Minister for Finance for an update on any assessment his Department has undertaken of the need to modernise the section 110 SPV regime to ensure that Ireland has a tax-neutral SPV that meets the requirements of international investment fund manager. [46254/26]
Amharc ar fhreagraThe section 110 regime was designed to offer a tax neutral regime for certain securitisation transactions and to improve Ireland’s offering as a location for the conduct of financial services activities.
The Funds Sector 2030 Report, published in October 2024, recommended a number of improvements the section 110 regime to address issues around transparency in the sector. Officials in my Department are reviewing these recommendations along with related policy discussions on simplified interest deductibility under the Public Consultation on the Taxation of Interest and other issues raised by industry representatives.
In addition, trilogues on the revision of the EU securitisation framework are due to commence shortly and it is hoped that political agreement on the file will be obtained before the end of the year while Ireland hosts the Presidency of the Council of the EU. My officials will monitor any changes relevant to our securitisation regime as part of the above review.
