Guide on Legal and Tax Implications regarding Director's Loan Account in Ireland. Learn more on how to minimise the risks involved today.Our comprehensive guide covers everything you need to know about directors' loans. Explore the implications of directors' loans in Ireland. You must declare the Director's loan as part of your Corporation Tax Return. You or your company may have to pay tax if you take a director's loan. Your personal and company tax responsibilities depend on how the loan is settled. The Mitchell-Lama program provides affordable rental and cooperative housing to moderate- and middle-income families. Putting some money into your limited company and wondering how to open your director's loan account? Download and stream digital books, audiobooks, movies, music and more – anytime, anywhere – free with your library card.