The Irish government should establish an Office of Tax Reform modelled on the UK's Office of Tax Simplification, the British Irish Chamber of Commerce (BICC) has said. In a submission to the Commission on Taxation and Welfare, the BICC said the proposed body would recommend and advise the government
Tax
Proposals for Ireland to adopt a territorial tax system, where corporations would only pay tax in Ireland on income and gains earned in Ireland, have gone out to public consultation. The government's roadmap for updating corporation tax, which was published in January, included a commitment to consi
The Supreme Court has determined that a Mauritius national who worked in Ireland without a permit was not entitled to statutory maternity leave payments despite making PAYE and PRSI contributions to the State. The decision has potentially far-reaching consequences for individuals working in Ireland
Ireland could allow multinational companies to defer the disclosure of certain tax information which must be made public under a new EU directive for up to five years under proposals put out to consultation. The government has launched a public consultation on Ireland's implementation of EU Directiv
There is a case for the devolution of more fiscal powers to the Northern Ireland Assembly, the independent Fiscal Commission for Northern Ireland has said. In its interim report, the commission said there is a case to consider the devolution of taxes including income tax, excise duties on alcohol, t
The government's planned carbon tax hike risks exacerbating fuel poverty in the absence of affordable clean energy and reliable public transport, Community Law & Mediation (CLM) has warned. The community law centre and charity, which opened a Centre for Environmental Justice earlier this year, i
The Irish government has agreed to sign up to an international agreement setting a global minimum corporation tax rate of 15 per cent for large firms. Speaking after a cabinet meeting yesterday, finance minister Paschal Donohoe said: "The government has given approval today for Ireland to sign up to
Pharmaceutical company Perrigo has settled a €1.64 billion tax bill – the largest assessment ever issued by the Revenue Commissioners – for €297 million. A&L Goodbody represented Perrigo in its appeal before the Tax Appeals Commission, but the matter has now been settled in
A&L Goodbody (ALG) has been named a top European employer for diversity and inclusion by the International Tax Review (ITR). The firm won in the Diversity & Inclusion Firm of the Year category at the ITR EMEA Tax Awards 2021, which recognise leading international tax professionals and firms
The government has been urged to exempt the cost of making a will from VAT when a charitable bequest is included in order to encourage personal acts of kindness. My Legacy, an umbrella group of 80 Irish charities, published its Budget 2022 submission this week to coincide with International Legacy G
Matheson has been named Irish tax firm of the year and Irish transfer pricing firm of the year by the International Tax Review (ITR) for the second year in a row. The firm won the accolades at the ITR EMEA Tax Awards 2021, widely recognised as one of the benchmarks for excellence in the field of int
Irish tax revenues fell by less than four per cent last year amid the Covid-19 pandemic, compared with a fall of nearly one-third during the global financial crisis, according to new government analysis. Finance minister Paschal Donohoe yesterday published the annual taxation report for 2021, which
Widely-discussed proposals for a global minimum corporation tax rate of at least 15 per cent have been put out to public consultation by the Irish government. More than 130 countries, including the US, UK, China, India and Russia, have signed up to the proposals developed by the Organisation for Eco
The High Court has determined that a hotel owner must pay €200,000 as part of the domicile levy on the basis that his worldwide income was more than €1 million but his income tax liability was less than €200,000. In so ruling, the court held that the appellant could not deduct capital
The General Court of the European Union has dismissed an action brought by Nike and Converse against the European Commission's decision to initiate a formal State aid investigation in respect of their tax arrangements in the Netherlands. In 2019, the Commission decided to initiate a formal investiga