Currently, Ireland has signed 76 Double Taxation Agreements (DTAs) with different countries around the world, of which 74 are in effect. They are essential to promote foreign investments without being "affected" by the tax rules of the foreign country in which you invest.
To avoid double taxation between Ireland and the European country where you deposit your funds, it will generally be necessary to send Raisin a Letter of Residence confirming your tax residency in Ireland. In some countries, however, such as France or Italy, it is not necessary to submit any such document, as these countries do not apply a withholding tax to non-residents in the country.
This Letter of Residence is easily requested and downloaded via Revenue’s website, through the "Manage My Record" portal in myAccount. Once you have received it, you can send it to us by email (email@example.com) or upload it through your message box in your Online Banking. We will take care of sending it to the partner bank.