ChatterBank1 min ago
Pensions
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A resident in EC country A (UK) has some earned income in EC country B( IRL) on which she pays both income tax and obligatory contributions to a private pension scheme in country B. These contributions are exempt from taxation in country B. The individual reports this income and the tax paid in country A and gets tax credit against any tax due in country A. ( Double Taxation agreement). Pension contributions from income are also tax exempt in country A.
The question-are the pension contributions made in country B allowable against tax in country A?
The question-are the pension contributions made in country B allowable against tax in country A?
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