Ireland
Maples Group
The Finance (No.2) Act 2023 contained a number changes that aim to give clarity around areas including capital allowances and the calculation of profits for both lessors and lessees.
William Fry
The update states that a taxpayer who wishes to continue to rely on an opinion or confirmation issued by Revenue in the period of 1 January 2018 to 31 December 2018...
RDJ LLP
From 1 January 2024 a new mandatory filing obligation is imposed on the recipients of certain loans from close relatives.
Maples Group
European Movement Ireland and the Maples Group are delighted to invite you to an online event "In Conversation with Ireland's Finance Minister Michael McGrath TD on the EU Minimum Tax Directive".
RDJ LLP
The Supreme Court has issued its highly significant judgment in the matter of The Revenue Commissioners -V- Karshan Midlands Ltd TA Dominos Pizza.
Matheson
Finance (No. 2) Bill 2023, which was published last week, provides that, from 1 January 2024, employers will be required to withhold Irish payroll taxes and charges from gains arising on the exercise of share options.
RDJ LLP
RDJ Senior Associate Mark Ludlow is a regular contributor to the Irish Tax Review, writing the feature Direct Tax Cases: Decisions from the Irish Courts and Tax Appeals Commission Determinations.
Walkers
10 October 2023 – Ireland's Budget 2024 was presented in the context of a positive economic performance for Ireland — full employment, budget surpluses...
Maples Group
In this article, Lynn Cramer, discusses the draft EU ATAD 3 (UNSHELL) Directive which is described as targeting the misuse of so-called "shell" entities for tax purposes.
Matheson
On 1 January 2024, the new enhanced reporting requirements (ERR) for certain non-taxable benefits are due to come into effect (subject to a Commencement Order).
Dillon Eustace
One of the key drivers behind the growth and development of the Irish Funds Industry has been the favourable Irish taxation regime for regulated collective investment funds ("Investment Undertakings").
Matheson
In a recent Tax Appeals Commission ("TAC") determination, the Commissioner held that Business Property Relief ("BPR") (for Capital Acquisitions Tax purposes) was correctly claimed on the cash balances...
Matheson
The Matheson Horizon Tracker for Summer 2023 has been issued which includes an overview of the main domestic and EU legislative developments coming down the tracks from a tax perspective.
Matheson
The Tax Appeal Commission ("TAC") recently held that debt forgiveness created taxable income for a taxpayer.
European Union
Matheson
Businesses have long sought clarification on the interaction of VAT and transfer pricing ("TP") rules. The uncertainty relates primarily to whether TP adjustments...
Maples Group
On 20 July 2023, the European Parliament, Council of the EU and the European Commission ("Commission") announced their provisionally agreed position on proposed amendments to the UCITS Directive...
Matheson
On 14 September 2023, the Department of Finance published a Roadmap for the Introduction of a Participation Exemption to Irish Corporation Tax.
Matheson
On 16 May 2023, the EU Council reached political agreement on a compromise text for the DAC8 directive. DAC8 amends the directive on administrative cooperation in the area of taxation...
Matheson
Irish Revenue has recently issued guidanceOpens in new window in respect of the operation of the DAC7 reporting regime in Ireland (the "Guidance").
Maples Group
The decision by the Minister for Finance Michael McGrath TD in September 2023 to progress with the introduction of a participation exemption for foreign dividends.