Overview:

Interactive Brokers Ireland Limited (IBIE) must apply Irish withholding tax of 20% on credit interest paid to certain clients, including natural persons. However, you may be able to reclaim some or all of the tax withheld, if you are resident in a country with a Double Taxation Treaty (DTT) with Ireland, which includes all…

Overview:

As an Irish company, Interactive Brokers Ireland Limited (IBIE) is generally required to collect withholding tax (WHT) at a rate of 20% on interest paid to certain clients…

Overview:

The Irish Tax Authority requires us to collect withholding tax on interest earned in Ireland. This withholding is at a rate of 20% and must be deducted from interest payments to your account…

Interactive Brokers Ireland Limited (IBIE) must apply Irish withholding tax of 20% on credit interest paid to certain clients, including natural persons. However, you may be able to reclaim some or all of the tax withheld, if you are resident in a country with a Double Taxation Treaty (DTT) with Ireland, which includes all…

You should send your completed Form to IBIE. You should NOT send the Form to Irish Revenue.

Additional Information…

You should email a PDF or JPEG copy of the signed form to tax-withholding@interactivebrokers.com. If you have not been able to obtain a stamp from your local tax authority, please ensure that you also email your Tax Residency Certificate (TRC) to this…

Form 8-3-6 and information about completing the Form 8-3-6 is available on the website of the Irish Revenue Commissioners.

To assist you, IBIE has also prepared a number of versions of Form 8-3-6 with certain information pre-filled, depending on your jurisdiction of tax residency. You can select the most appropriate form from the list below…

If you have asked your local tax authority to sign Form 8-3-6 and they have refused, you can instead submit a Tax Residency Certificate (TRC) from your local Tax Authority, with a completed Form 8-3-6 that has not been signed and stamped by your local tax authority. Revenue introduced this possibility in January 2023, after being informed by IBIE of the difficulties clients were experiencing in completing the Form…

The standard rate of WHT is 20%. You can find further information on credit interest rates on our webpage. 

Additional Information…

Please see the IBIE website here for more information on Interest Rates.

Additional Information…

You do not have to complete Form 8-3-6 and you will still be able to trade if you do not complete the form.

However, if you do not complete Form 8-3-6 IBIE must continue to deduct WHT at a rate of 20% from the credit interest earned on cash balances in your account…

If you wish to apply for a WHT exemption or reduction under the terms of a DTT, you should complete Form 8-3-6, and return that Form to IBIE.

The following is a summary of the information you must provide when completing Form 8-3-6:…

The Irish withholding tax will be charged in the currency that the interest is paid.

For Example…

Under Section 246 of the Irish tax legislation, the interest is deemed to be “yearly interest” for Irish tax purposes and 20% withholding tax applies.  Where interest arises on a balance with no specified term and where the arrangement can run for a period of a year or more, the interest paid is classified as yearly interest under the Irish tax legislation…

This information is available from the Irish Revenue Commissioners and/or your own local tax authority. However, in order to assist you, IBIE has also prepared a list of Irish WHT information by jurisdiction below.

By clicking on the country below, it will bring you to the relevant Form 8-3-6…