Irish Funds Response to Feedback Statement for Phase One of Reform of Ireland's Taxation Regime for Interest

The Irish Funds has responded to the Department of Finance’s Phase One Feedback Statement on the Reform of Ireland's Taxation Regime for Interest published in November 2025. The submission marks a significant step in the ongoing efforts to modernise Ireland's fiscal framework. Irish Funds believes the proposed reforms are essential for creating a taxation environment that is simpler, more certain, and internationally credible, while maintaining robust guardrails to ensure integrity.

A central theme of the response is the potential for these reforms to materially enhance Ireland’s competitiveness. By streamlining the interest regime, Ireland can further solidify its position as a leading European hub for global financing and investment activities.

Members can view the full response for this consultation and previous consultation responses on the Irish Funds Member Portal.

2025 Advocacy Milestones

The first submission of 2026 builds on a highly active year for the association. Throughout 2025, Irish Funds demonstrated its commitment to representing member interests through a high volume of technical output, including:

• 16 Consultation responses

• 23 Formal submissions and letters

• 56 Guidance papers and publications

Q1 2026 Priorities

The submission on interest tax reform is just the beginning of a busy first quarter. Irish Funds has outlined a comprehensive advocacy roadmap for Q1 2026, with planned engagements and submissions focusing on:

• Macroprudential and valuations matters with the International Organization of Securities Commissions (IOSCO)

• Further engagement on the AIF Rulebook and UCITS Regulations with the Central Bank of Ireland

• Input on the Finance Bill 2026 with the Department of Finance

• Fund authorisation discussions with the Central Bank of Ireland

• SFDR Review with the European Commission

• Market integration and the Savings and Investments Union (SIU) with the European Commission

• Continued engagement on tokenisation with both the Department of Finance and the Central Bank of Ireland

The Irish Funds Key Outcomes for 2025 report is now available, showcasing what we delivered for members and see where we’re headed in 2026.