Ireland signed a Double Tax Treaty with Singapore on October 28, 2010 which came into force on April 8, 2011 and is effective from January 1, 2011. The DTT allows for 0% withholding tax on dividends, 5% withholding tax on interest and royalties and 0% withholding tax on capital gains (provided not related to immovable property).

Ireland signed a revised DTT with Germany on March 31, 2011. There is no timetable for when the DTT will be ratifi ed and subsequently come into force. The DTT allows for 5% withholding tax on dividends where the benefi cial owner owns 10% or more of the capital of the company paying the dividends and 15% withholding tax on all other dividends, and 0% withholding tax on interest, royalties and capital gains (provided not related to immovable property).