Foreign income

If you are in receipt of foreign income you should also determine whether or not it is taxable in Ireland. Depending on your residence position and nationality you may be liable to income tax in Ireland on your foreign income and you may be obliged to file a tax return. You should report it in the 'foreign' section of your tax return.

Examples of foreign income:

• Dividends received from foreign companies
• Foreign rental income
• Foreign deposit interest
• Foreign employments where the duties of the employment are exercised outside Ireland
• Other foreign investment income

You may be able to claim Foreign Tax Credit for all or part of the foreign tax you paid depending on whether or not Ireland has a Double Taxation Treaty with the other country.